The prices in real estate in Sebring, 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 Sebring has increased strongly during the last 6 months. In July, the average price per sq.feet was $106. In August this price pretty much remained the same at a value of $103 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $104.5 to $104.5 per sq.feet. The price per sq.feet has had a considerable increase of 177 % 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 $104.5 to $184.5 during November, and December.
Based upon to the price in Sebring (cities), these have remained the same in the last 6 months. The average price for July is $221,399. During August the price had a considerable reduction till $162,657. In the following two months the average price has remained the same with regard to the previous two months from $192,028 to $189,377. Based on an analysis of the first four prices and the last two months the average price has risen strongly 160 % 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 $187,517 they are 31 % more affordable than the average price for Sebring. The properties with the highest average price have 1 bedroom, Their price is 128 % more costly than the average. After that we have properties with 4 bedrooms priced at $271,526.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $92 / sq.feet, with an average $111 / sq.feet price in Sebring. The properties with the highest average prices have 1 bedroom. They are 448 % more expensive than the average followed by properties with 3 bedrooms with a price at $119 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $187,517 it is 37 % cheaper than the average price in Sebring. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $187,651 it is 1 % 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 $86 / sq.feet followed by "Commercial" priced at $110 / sq.feet. "House" is the cheapest type of property with a $111 / sq.feet value followed by "Commercial" with an average price of $110 / sq.feet.