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 December, the average price per sq.feet was $161. In the following month the price per sq.feet increased considerably to $241. The price for the following two months in (February, March) had a considerable increment of 180 %. The price per sq.feet has had a considerable increase of 151 % 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 $281.5 to $425 during April, and May.
Based upon to the price in Port Charlotte (cities), this has fallen considerably in the last 6 months. The average price for December is $332,628. During January the price had a considerable reduction till $155,029. During the following two months (February, March) the average price had a considerable reduction of 44 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $175,969.25 to $145,508, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $136,805 they are 9 % more expensive than the average price for Port Charlotte. Following this ranking we find those properties with 1 at an average price of $178,471. The properties with the highest average price have 3 bedrooms, Their price is 148 % more costly than the average. After that we have properties with 4 bedrooms priced at $284,381.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $70 / sq.feet, with an average $604 / sq.feet price in Port Charlotte. The properties with the highest average prices have 3 bedrooms. They are 176 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,145 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $136,805 it is 88 % cheaper than the average price in Port Charlotte. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $360,185 it is 211 % 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 $13 / sq.feet followed by "Condo" priced at $120 / sq.feet. "House" is the most costly type of property with a $1,614 / sq.feet cost followed by "Commercial" with an average price of $1,095 / sq.feet.