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 January, the average price per sq.feet was $90. In February this price pretty much remained the same at a value of $91 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 170 %. The price per sq.feet has had a considerable increase of 1209 % 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 $122 to $1,475.5 during May, and June.
Based upon to the price in Okeechobee (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $169,050. In February This price remains at $162,206. In the following two months the average price has remained the same with regard to the previous two months from $165,628 to $168,757.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 159 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $257,251 they are 79 % more affordable than the average price for Okeechobee. The properties with the lowest average price have 3 bedrooms, Their price is 38 % cheaper than the average. After that we have properties with 2 bedrooms priced at $149,547.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $91 / sq.feet, with an average $2,111 / sq.feet price in Okeechobee. The properties with the lowest average prices have 4 bedrooms. They are 83 % cheaper than the average followed by properties with 2 bedrooms with a price at $324 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $257,251 it is 57 % cheaper than the average price in Okeechobee. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $109,849 it is 46 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $82 / sq.feet followed by "Land" priced at $1,231 / sq.feet. "Land" is the cheapest type of property with a $1,231 / sq.feet value followed by "House" with an average price of $82 / sq.feet.