The prices in real estate in Saint Petersburg, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Saint Petersburg has remained the same in the last 6 months. In April, the average price per sq.feet was $390. In May this price pretty much remained the same at a value of $409 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 123 %. The price per sq.feet has had a considerable deflation of 57 % 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 $445 to $255.5 during August, and September.
Based upon to the price in Saint Petersburg (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $485,867. During May the price went through a considerable rise reaching $675,868. During the following two months (June, July) the average price had a considerable increase of 124 % 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 $651,378 to $420,826.5, which means a 65 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $443,168 they are 67 % more affordable than the average price for Saint Petersburg. The properties with the highest average price have 4 bedrooms, Their price is 79 % more costly than the average. After that we have properties with 3 bedrooms priced at $533,386.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $181 / sq.feet, with an average $256 / sq.feet price in Saint Petersburg. The properties with the highest average prices have 4 bedrooms. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $283 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $443,168 it is 46 % cheaper than the average price in Saint Petersburg. "Office" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $429,372 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $184 / sq.feet followed by "House" priced at $238 / sq.feet. "Office" is the most costly type of property with a $446 / sq.feet cost followed by "Condo" with an average price of $241 / sq.feet.