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 March, the average price per sq.feet was $403. In the following month the price per sq.feet decreased considerably to $272. The price for the following two months in (May, June) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 173 % 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 $322 to $557.5 during July, and August.
Based upon to the price in Saint Petersburg (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $266,148. In April This price remains at $274,363. During the following two months (May, June) the price has had an average incrementation from $270,255.5 to $308,379.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 131 % 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 $397,150 they are 65 % more affordable than the average price for Saint Petersburg. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $385,584.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $168 / sq.feet, with an average $242 / sq.feet price in Saint Petersburg. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $250 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $397,150 it is 39 % cheaper than the average price in Saint Petersburg. "Office" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $347,406 it is 41 % 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 $192 / sq.feet followed by "House" priced at $212 / sq.feet. "Office" is the most costly type of property with a $459 / sq.feet cost followed by "Condo" with an average price of $328 / sq.feet.