The prices in real estate in Okeechobee, 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 Okeechobee has increased strongly during the last 6 months. In April, the average price per sq.feet was $197. In the following month the price per sq.feet increased considerably to $840. The price for the following two months in (June, July) had a considerable increment of 281 %. The price per sq.feet has had a considerable deflation of 13 % 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 $987.25 to $124.5 during August, and September.
Based upon to the price in Okeechobee (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $165,610. During May the price went through a considerable rise reaching $273,995. During the following two months (June, July) the price has had an average incrementation from $219,802.5 to $231,481. During the last two months the average price has had a strong fall compared to the previous four going from $225,641.75 to $155,969, which means a 69 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $150,946 they are 44 % more affordable than the average price for Okeechobee. The properties with the highest average price have 4 bedrooms, Their price is 128 % more costly than the average. After that we have properties with 3 bedrooms priced at $220,514.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $129 / sq.feet, with an average $125 / sq.feet price in Okeechobee. The properties with the highest average prices have 4 bedrooms. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $133 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $150,946 it is 44 % cheaper than the average price in Okeechobee. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $88,084 it is 54 % 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 $91 / sq.feet followed by "House" priced at $133 / sq.feet. "Land" is the most costly type of property with a $7,919 / sq.feet cost followed by "House" with an average price of $133 / sq.feet.