The prices in real estate in Old Town, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Old Town has remained the same in the last 6 months. In March, the average price per sq.feet was $207. In the following month the price per sq.feet increased considerably to $258. The price for the following two months in (May, June) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $222.5 to $169.5 during July, and August.
Based upon to the price in Old Town (cities), these have remained the same in the last 6 months. The average price during our first sample month during March, is $305,415. During April the price went through a considerable rise reaching $435,583. During the following two months (May, June) the average price fell 88 % 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 $348,791.5 to $218,049, which means a 63 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $190,563 they are 30 % more affordable than the average price for Old Town. The properties with the highest average price have 4 bedrooms, Their price is 66 % more costly than the average. After that we have properties with 3 bedrooms priced at $229,503.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $136 / sq.feet, with an average $161 / sq.feet price in Old Town. The properties with the highest average prices have 1 bedroom. They are 76 % more expensive than the average followed by properties with 4 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $190,563 it is 91 % cheaper than the average price in Old Town. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $17,876 it is 2 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $159 / sq.feet. "House" with an average cost of $159 / sq.feet has the lowest price and would be directed at less affluent cities.