Property prices for sale in South Bay (Florida)

The price per sq.feet in South Bay has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $16,333. In the following month the price per sq.feet decreased considerably to $12,490. The price for the following two months in (December, January) had a considerable decrease of 57 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 17 % 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 $11,314.75 to $1,943.5 during February, and March.

Based upon to the price in South Bay (cities), this has fallen considerably in the last 6 months. The average price for October is $1,752,114. During November the price had a considerable reduction till $1,004,500. During the following two months (December, January) the average price had a considerable reduction of 71 % 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 $1,179,838 to $789,687.5, which means a 67 % fall.