The prices in real estate in Panacea, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Panacea has increased during the last 6 months. In October, the average price per sq.feet was $6,718. In the following month the price per sq.feet decreased considerably to $303. The price for the following two months in (December, January) had a considerable increment of 168 %. The price per sq.feet has had a considerable increase of 249 % 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 $4,695.75 to $11,676 during February, and March.
Based upon to the price in Panacea (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $366,145. During November the price went through a considerable rise reaching $443,368. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $393,437 to $350,285 in February and March.