The prices in real estate in Quincy, 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 Quincy has increased strongly during the last 6 months. In May, the average price per sq.feet was $121. In the following month the price per sq.feet increased considerably to $149. In the following two months the price per sq.feet has barely changed, going from $135 to $141 per sq.feet. The price per sq.feet has had a considerable increase of 525 % 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 $138 to $724 during September, and October.
Based upon to the price in Quincy (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $240,749. During June the price went through a considerable rise reaching $279,356. During the following two months (July, August) the average price had a considerable increase of 117 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $316,837 they are 18 % more affordable than the average price for Quincy. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 1 bedroom priced at $302,225.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $1,230 / sq.feet price in Quincy. The properties with the lowest average prices have 1 bedroom. They are 76 % cheaper than the average followed by properties with 2 bedrooms with a price at $202 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $316,837 it is 25 % cheaper than the average price in Quincy. "Duplex" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $321,576 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $60 / sq.feet followed by "House" priced at $152 / sq.feet. "Land" is the most costly type of property with a $21,088 / sq.feet cost followed by "Detached House" with an average price of $180 / sq.feet.