The prices in real estate in Polk City, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Polk City has remained the same in the last 6 months. In April, the average price per sq.feet was $500. In the following month the price per sq.feet increased considerably to $643. The price for the following two months in (June, July) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $503.5 to $441 during August, and September.
Based upon to the price in Polk City (cities), this has fallen considerably in the last 6 months. The average price for April is $677,384. During May the price had a considerable reduction till $451,629. In the following two months the average price has remained the same with regard to the previous two months from $564,506.5 to $582,354.5. During the last two months the average price has had a strong fall compared to the previous four going from $573,430.5 to $355,979.5, which means a 62 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $447,083 they are 68 % more affordable than the average price for Polk City. The properties with the highest average price have 4 bedrooms, Their price is 76 % more costly than the average. After that we have properties with 3 bedrooms priced at $420,576.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $138 / sq.feet, with an average $502 / sq.feet price in Polk City. The properties with the highest average prices have 4 bedrooms. They are 74 % more expensive than the average followed by properties with 3 bedrooms with a price at $212 / sq.feet.
The graph displaying the average prices displays the property type "Ranch" as the most affordable one. At an cost of $447,083 it is 65 % cheaper than the average price in Polk City. "Office" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $199,642 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Ranch" at an average cost of $74 / sq.feet followed by "Office" priced at $91 / sq.feet. "House" is the cheapest type of property with a $173 / sq.feet value followed by "Office" with an average price of $91 / sq.feet.