The prices in real estate in Quincy, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Quincy has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $138. In the following month the price per sq.feet decreased considerably to $114. The price for the following two months in (September, October) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $102.75 to $93 during November, and December.
Based upon to the price in Quincy (cities), this has fallen considerably in the last 6 months. The average price for July is $514,920. During August the price had a considerable reduction till $392,714. During the following two months (September, October) the average price had a considerable reduction of 29 % 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 $293,698.75 to $163,057.5, which means a 56 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 81 % cheaper than the average price of $33,587 in Quincy. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 81 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 607 % more costly than the average price of ($693 / sq.feet) in Quincy. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 607 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $178,815 it is 81 % cheaper than the average price in Quincy. "Duplex" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Land". At a price of $33,587 it is 75 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Duplex" at an average cost of $102 / sq.feet followed by "Land" priced at $693 / sq.feet. "Land" is the most costly type of property with a $693 / sq.feet cost followed by "Duplex" with an average price of $102 / sq.feet.