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 October, the average price per sq.feet was $4,303. In the following month the price per sq.feet decreased considerably to $207. The price for the following two months in (December, January) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % 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 $1,819.5 to $1,244 during February, and March.
Based upon to the price in Ocklawaha (cities), these have remained the same in the last 6 months. The price in October is $316,879, rising in November till $339,176. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $316,072 and $303,765 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $317,236 they are 54 % more affordable than the average price for Ocklawaha. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 1 bedroom priced at $298,402.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $174 / sq.feet, with an average $1,454 / sq.feet price in Ocklawaha. The properties with the lowest average prices have 1 bedroom. They are 57 % cheaper than the average followed by properties with 3 bedrooms with a price at $194 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $317,236 it is 28 % cheaper than the average price in Ocklawaha. "Detached House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $289,588 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $190 / sq.feet followed by "House" priced at $197 / sq.feet. "Land" is the most costly type of property with a $33,450 / sq.feet cost followed by "House" with an average price of $197 / sq.feet.