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 June, the average price per sq.feet was $922. In the following month the price per sq.feet decreased considerably to $529. The price for the following two months in (August, September) had a considerable decrease of 55 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 27 % 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 $562.75 to $150.5 during October, and November.
Based upon to the price in Ocklawaha (cities), this has fallen considerably in the last 6 months. The average price for June is $1,399,414. During July the price had a considerable reduction till $1,099,691. During the following two months (August, September) the average price had a considerable reduction of 75 % 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 $1,092,285.5 to $304,315.5, which means a 28 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $281,128 they are 37 % more affordable than the average price for Ocklawaha. The properties with the highest average price have 4 bedrooms, Their price is 218 % more costly than the average. After that we have properties with 1 bedroom priced at $486,401.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $145 / sq.feet price in Ocklawaha. The properties with the highest average prices have 1 bedroom. They are 592 % more expensive than the average followed by properties with 4 bedrooms with a price at $386 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $281,128 it is 61 % cheaper than the average price in Ocklawaha. "Farm" is seen as the second most affordable property type. The cheapest type property is "Farm" followed by "House". At a price of $109,091 it is 58 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $72 / sq.feet followed by "House" priced at $143 / sq.feet. "House" is the cheapest type of property with a $143 / sq.feet value followed by "Farm" with an average price of $72 / sq.feet.