The prices in real estate in Oxford, 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 Oxford has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $1,701. In the following month the price per sq.feet increased considerably to $4,583. The price for the following two months in (February, March) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 7 % 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 $1,923.5 to $130.5 during April, and May.
Based upon to the price in Oxford (cities), this has fallen considerably in the last 6 months. The average price for December is $261,992. During January the price had a considerable reduction till $199,925. During the following two months (February, March) the average price had a considerable reduction of 48 % 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 137 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 14 % cheaper than the average price of $199,325 in Oxford. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 14 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3414 % more costly than the average price of ($4,568 / sq.feet) in Oxford. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3414 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $232,700 it is 14 % cheaper than the average price in Oxford. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $199,325 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $127 / sq.feet followed by "House" priced at $4,568 / sq.feet. "House" is the most costly type of property with a $4,568 / sq.feet cost followed by "Apartment" with an average price of $127 / sq.feet.