Property prices for sale in Orange City (Florida)
The prices in real estate in Orange City, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Orange City has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $365. In the following month the price per sq.feet decreased considerably to $224. The price for the following two months in (December, January) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has had a considerable increase of 123 % 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 $259.25 to $319 during February, and March.
Based upon to the price in Orange City (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $386,278. In November This price remains at $397,260. During the following two months (December, January) the average price fell 95 % 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 106 % 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 $426,858 they are 75 % more affordable than the average price for Orange City. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $365,645.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $158 / sq.feet, with an average $376 / sq.feet price in Orange City. The properties with the lowest average prices have 2 bedrooms. They are 36 % cheaper than the average followed by properties with 3 bedrooms with a price at $227 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $426,858 it is 58 % cheaper than the average price in Orange City. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $483,802 it is 47 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $52 / sq.feet followed by "Condo" priced at $207 / sq.feet. "Land" is the most costly type of property with a $92,750 / sq.feet cost followed by "House" with an average price of $222 / sq.feet.
