The prices in real estate in Punta Gorda, 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 Punta Gorda has increased strongly during the last 6 months. In September, the average price per sq.feet was $550. In the following month the price per sq.feet increased considerably to $700. The price for the following two months in (November, December) had a considerable increment of 214 %. The price per sq.feet has decreased 94 % 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 $982.25 to $922.5 during January, and February.
Based upon to the price in Punta Gorda (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $439,720. In October This price remains at $438,070. During the following two months (November, December) the price has had an average incrementation from $438,895 to $467,751.5. 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 $453,323.25 and $452,724 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $499,642 they are 32 % more affordable than the average price for Punta Gorda. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $629,967.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $238 / sq.feet, with an average $1,288 / sq.feet price in Punta Gorda. The properties with the highest average prices have 4 bedrooms. They are 149 % more expensive than the average followed by properties with 3 bedrooms with a price at $2,361 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $499,642 it is 82 % cheaper than the average price in Punta Gorda. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Detached House". At a price of $627,131 it is 60 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $226 / sq.feet followed by "Condo" priced at $255 / sq.feet. "House" is the most costly type of property with a $2,531 / sq.feet cost followed by "Land" with an average price of $781 / sq.feet.