The prices in real estate in Ocala, in the Florida region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Ocala has increased strongly during the last 6 months. In January, the average price per sq.feet was $134. In the following month the price per sq.feet increased considerably to $162. In the following two months the price per sq.feet has barely changed, going from $148 to $145.5 per sq.feet. The price per sq.feet has increased 109 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $146.75 to $160 during May, and June.
Based upon to the price in Ocala (cities), these have remained the same in the last 6 months. The price in January is $232,375, rising in February till $257,903. In the following two months the average price has remained the same with regard to the previous two months from $245,139 to $234,614.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $239,876.75 to $225,859 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $244,043 they are 76 % more affordable than the average price for Ocala. The properties with the highest average price have 4 bedrooms, Their price is 74 % more costly than the average. After that we have properties with 3 bedrooms priced at $227,434.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $129 / sq.feet price in Ocala. The properties with the highest average prices have 1 bedroom. They are 219 % more expensive than the average followed by properties with 4 bedrooms with a price at $136 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $244,043 it is 95 % cheaper than the average price in Ocala. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Apartment". At a price of $279,333 it is 49 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $11 / sq.feet followed by "Apartment" priced at $120 / sq.feet. "Commercial" is the most costly type of property with a $1,403 / sq.feet cost followed by "Condo" with an average price of $788 / sq.feet.