The prices in real estate in Pinellas Park, 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 Pinellas Park has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $860. In the following month the price per sq.feet increased considerably to $1,854. The price for the following two months in (February, March) had a considerable decrease of 35 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 28 % 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 $916.5 to $256.5 during April, and May.
Based upon to the price in Pinellas Park (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $164,740. In January This price remains at $170,782. During the following two months (February, March) the price has had an average incrementation from $167,761 to $176,386.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $172,073.75 and $179,901 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $188,908 they are 25 % more affordable than the average price for Pinellas Park. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 1 bedroom priced at $142,210.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $115 / sq.feet, with an average $379 / sq.feet price in Pinellas Park. The properties with the highest average prices have 4 bedrooms. They are 387 % more expensive than the average followed by properties with 1 bedroom with a price at $115 / sq.feet.
With regard to the average price based upon the property in Pinellas Park we can see that the cheapest property type is "House" at a price of $170,098, they are 10 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 10 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $1,846 / sq.feet. "House" at an average price of $1,846 / sq.feet has the most expensive price and would be directed at more affluent cities.