The prices in real estate in Parrish, 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 Parrish has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $790. In the following month the price per sq.feet decreased considerably to $223. The price for the following two months in (December, January) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 65 % 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 $368.5 to $240.5 during February, and March.
Based upon to the price in Parrish (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $539,369. In November This price remains at $532,807. In the following two months the average price has remained the same with regard to the previous two months from $536,088 to $512,810.5. 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 2 bedrooms are the cheapest ones. At a price of $546,460 they are 64 % more affordable than the average price for Parrish. The properties with the lowest average price have 4 bedrooms, Their price is 43 % cheaper than the average. After that we have properties with 1 bedroom priced at $310,636.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $68 / sq.feet, with an average $237 / sq.feet price in Parrish. The properties with the lowest average prices have 3 bedrooms. They are 64 % cheaper than the average followed by properties with 1 bedroom with a price at $80 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $546,460 it is 47 % cheaper than the average price in Parrish. "Office" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $297,584 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $56 / sq.feet followed by "Apartment" priced at $72 / sq.feet. "House" is the cheapest type of property with a $79 / sq.feet value followed by "Townhouse" with an average price of $75 / sq.feet.