The prices in real estate in Old Town, 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 Old Town has increased strongly during the last 6 months. In March, the average price per sq.feet was $170. In the following month the price per sq.feet increased to $181. The price for the following two months in (May, June) had a considerable increment of 147 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $217 to $216.5 during July y August
Based upon to the price in Old Town (cities), this has gone up considerably in the last 6 months. The price in March is $289,313, rising in April till $326,319. During the following two months (May, June) the average price had a considerable increase of 133 % 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 gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $267,424 they are 23 % more affordable than the average price for Old Town. The properties with the highest average price have 1 bedroom, Their price is 320 % more costly than the average. After that we have properties with 4 bedrooms priced at $574,000.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $206 / sq.feet, with an average $173 / sq.feet price in Old Town. The properties with the highest average prices have 1 bedroom. They are 1910 % more expensive than the average followed by properties with 3 bedrooms with a price at $269 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $267,424 it is 93 % cheaper than the average price in Old Town. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $18,288 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $2 / sq.feet followed by "House" priced at $185 / sq.feet. "House" is the most costly type of property with a $185 / sq.feet cost followed by "Land" with an average price of $2 / sq.feet.