The prices in real estate in Sarasota, 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 Sarasota has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $185. The price for the following two months in (December, January) had a considerable increment of 946 %. The price per sq.feet has had a considerable increase of 117 % 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 $484 to $565 during February, and March.
Based upon to the price in Sarasota (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $401,275. During the following two months (December, January) the average price had a considerable increase of 301 % 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 133 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $570,700 they are 44 % more affordable than the average price for Sarasota. The properties with the highest average price have 1 bedroom, Their price is 29 % more costly than the average. After that we have properties with 4 bedrooms priced at $618,818.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $199 / sq.feet, with an average $610 / sq.feet price in Sarasota. The properties with the highest average prices have 1 bedroom. They are 168 % more expensive than the average followed by properties with 2 bedrooms with a price at $224 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $570,700 it is 30 % cheaper than the average price in Sarasota. "House" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $479,500 it is 25 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $192 / sq.feet followed by "House" priced at $206 / sq.feet. "Villa" is the most costly type of property with a $1,089 / sq.feet cost followed by "House" with an average price of $206 / sq.feet.