The prices in real estate in Panacea, 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 Panacea has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $52. The price for the following two months in (December, January) had a considerable increment of 281 %. The price per sq.feet has had a considerable increase of 192 % 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 $49.5 to $95 during February, and March.
Based upon to the price in Panacea (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $81,900. During the following two months (December, January) the average price had a considerable increase of 297 % 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 132 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 33 % more costly than the average price of $152,044 in Panacea. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 33 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 8 % cheaper than the average price of ($89 / sq.feet) in Panacea. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $114,705 it is 0 % cheaper than the average price in Panacea. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $114,245 it is 33 % 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 $89 / sq.feet followed by "Condo" priced at $93 / sq.feet. "Condo" is the cheapest type of property with a $93 / sq.feet value followed by "House" with an average price of $89 / sq.feet.