The prices in real estate in Port Charlotte, 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 Port Charlotte has increased strongly during the last 6 months. In April, the average price per sq.feet was $179. In May this price pretty much remained the same at a value of $179 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 223 %. The price per sq.feet has had a considerable deflation of 45 % 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 $288.75 to $131 during August, and September.
Based upon to the price in Port Charlotte (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is $156,644. In May This price remains at $151,609. During the following two months (June, July) the price has had an average incrementation from $154,126.5 to $168,268.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $184,484 they are 71 % more affordable than the average price for Port Charlotte. The properties with the highest average price have 3 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 4 bedrooms priced at $196,720.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $17 / sq.feet, with an average $133 / sq.feet price in Port Charlotte. The properties with the highest average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $138 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $184,484 it is 94 % cheaper than the average price in Port Charlotte. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $126,537 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $12 / sq.feet followed by "Condo" priced at $87 / sq.feet. "Apartment" is the most costly type of property with a $224 / sq.feet cost followed by "House" with an average price of $133 / sq.feet.