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 $2,236. In the following month the price per sq.feet decreased considerably to $90. The price for the following two months in (September, October) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 49 % 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 $777.75 to $379.5 during November, and December.
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 July, is $44,340. During August the price went through a considerable rise reaching $90,793. During the following two months (September, October) the average price had a considerable increase of 494 % 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 319 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 95 % cheaper than the average price of $33,927 in Quincy. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 95 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 77 % more costly than the average price of ($703 / 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 77 % 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 $689,053 it is 95 % cheaper than the average price in Quincy. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Land". At a price of $33,927 it is 54 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $112 / sq.feet followed by "Land" priced at $703 / sq.feet. "Land" is the most costly type of property with a $703 / sq.feet cost followed by "Duplex" with an average price of $112 / sq.feet.