The prices in real estate in Seminole, 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 Seminole has increased strongly during the last 6 months. In February, the average price per sq.feet was $177. In March this price pretty much remained the same at a value of $178 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $177.5 to $199.5 per sq.feet. The price per sq.feet has had a considerable increase of 119 % 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 $188.5 to $224.5 during June, and July.
Based upon to the price in Seminole (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $348,703. In March This price remains at $359,318. During the following two months (April, May) the price has had an average incrementation from $354,010.5 to $371,736.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $362,873.5 and $374,028 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $378,917 they are 34 % more affordable than the average price for Seminole. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 1 bedroom priced at $398,204.
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 $221 / sq.feet price in Seminole. The properties with the highest average prices have 3 bedrooms. They are 693 % more expensive than the average followed by properties with 2 bedrooms with a price at $185 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $378,917 it is 31 % cheaper than the average price in Seminole. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $371,087 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $140 / sq.feet followed by "Duplex" priced at $167 / sq.feet. "House" is the cheapest type of property with a $180 / sq.feet value followed by "Condo" with an average price of $168 / sq.feet.