The prices in real estate in Saint Cloud, 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 Saint Cloud has increased strongly during the last 6 months. In December, the average price per sq.feet was $219. In the following month the price per sq.feet increased to $231. In the following two months the price per sq.feet has barely changed, going from $225 to $232.5 per sq.feet. The price per sq.feet has had a considerable increase of 127 % 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 $228.75 to $290.5 during April, and May.
Based upon to the price in Saint Cloud (cities), this has gone up considerably in the last 6 months. The price in December is $404,053, rising in January till $428,789. During the following two months (February, March) the price has had an average incrementation from $416,421 to $461,542.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $483,537 they are 54 % more affordable than the average price for Saint Cloud. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $437,326.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $221 / sq.feet, with an average $346 / sq.feet price in Saint Cloud. The properties with the lowest average prices have 1 bedroom. They are 15 % cheaper than the average followed by properties with 3 bedrooms with a price at $260 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $483,537 it is 48 % cheaper than the average price in Saint Cloud. "Duplex" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $512,932 it is 64 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $66 / sq.feet followed by "Duplex" priced at $152 / sq.feet. "Land" is the most costly type of property with a $161,813 / sq.feet cost followed by "House" with an average price of $241 / sq.feet.