The prices in real estate in Ocklawaha, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Ocklawaha has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $215. In the following month the price per sq.feet decreased considerably to $119. The price for the following two months in (May, June) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $156.75 to $120.5 during July, and August.
Based upon to the price in Ocklawaha (cities), this has fallen considerably in the last 6 months. The average price for March is $432,746. During April the price had a considerable reduction till $182,086. During the following two months (May, June) the average price had a considerable reduction of 76 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $270,205.75 to $199,464, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $201,160 they are 46 % more affordable than the average price for Ocklawaha. The properties with the highest average price have 2 bedrooms, Their price is 158 % more costly than the average. After that we have properties with 4 bedrooms priced at $432,287.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $134 / sq.feet, with an average $124 / sq.feet price in Ocklawaha. The properties with the highest average prices have 2 bedrooms. They are 206 % more expensive than the average followed by properties with 4 bedrooms with a price at $168 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $201,160 it is 88 % cheaper than the average price in Ocklawaha. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $115,943 it is 55 % 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 $14 / sq.feet followed by "Farm" priced at $63 / sq.feet. "House" is the most costly type of property with a $152 / sq.feet cost followed by "Farm" with an average price of $63 / sq.feet.