The prices in real estate in Oakland Park, in the Florida region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Oakland Park has fallen in the last 6 months. In November, the average price per sq.feet was $248. In the following month the price per sq.feet decreased to $232. The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $233 to $224.5 during March y April
Based upon to the price in Oakland Park (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $342,529. In December This price remains at $336,798. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $330,703.25 to $307,764 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $307,736 they are 44 % more affordable than the average price for Oakland Park. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 3 bedrooms priced at $385,436.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $194 / sq.feet, with an average $224 / sq.feet price in Oakland Park. The properties with the highest average prices have 3 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at $225 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $307,736 it is 50 % cheaper than the average price in Oakland Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $448,675 it is 100 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $173 / sq.feet followed by "Duplex" priced at $211 / sq.feet. "Villa" is the most costly type of property with a $3,901 / sq.feet cost followed by "Townhouse" with an average price of $799 / sq.feet.