The prices in real estate in Okeechobee, in the Florida region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Okeechobee has fallen in the last 6 months. In April, the average price per sq.feet was $1,203. In the following month the price per sq.feet increased considerably to $1,564. The price for the following two months in (June, July) had a considerable increment of 125 %. The price per sq.feet has had a considerable deflation of 6 % 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 $1,553 to $92 during August, and September.
Based upon to the price in Okeechobee (cities), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is $95,541. In May This price remains at $92,587. During the following two months (June, July) the average price had a considerable increase of 125 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % 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 $136,089 they are 60 % more affordable than the average price for Okeechobee. The properties with the highest average price have 3 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 2 bedrooms priced at $150,903.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $100 / sq.feet, with an average $95 / sq.feet price in Okeechobee. The properties with the highest average prices have 4 bedrooms. They are 285 % more expensive than the average followed by properties with 2 bedrooms with a price at $333 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $136,089 it is 19 % cheaper than the average price in Okeechobee. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $110,847 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $91 / sq.feet followed by "Land" priced at $1,249 / sq.feet. "Land" is the most costly type of property with a $1,249 / sq.feet cost followed by "House" with an average price of $91 / sq.feet.