The prices in real estate in Spring Hill, 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 Spring Hill has increased strongly during the last 6 months. In April, the average price per sq.feet was $110. In the following month the price per sq.feet decreased to $103. The price for the following two months in (June, July) had a considerable increment of 216 %. The price per sq.feet has had a considerable deflation of 68 % 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 $168.5 to $114 during August, and September.
Based upon to the price in Spring Hill (cities), this has gone downing the last 6 months. The average price for April is $228,636. During May the price had a slight fall till $195,863. In the following two months the average price has remained the same with regard to the previous two months from $212,249.5 to $207,222. 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 $209,735.75 and $218,913 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $220,678 they are 57 % more affordable than the average price for Spring Hill. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $210,722.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $109 / sq.feet, with an average $114 / sq.feet price in Spring Hill. The properties with the highest average prices have 1 bedroom. They are 3559 % more expensive than the average followed by properties with 3 bedrooms with a price at $118 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $220,678 it is 11 % cheaper than the average price in Spring Hill. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $196,897 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $94 / sq.feet followed by "Apartment" priced at $99 / sq.feet. "House" is the cheapest type of property with a $114 / sq.feet value followed by "Apartment" with an average price of $99 / sq.feet.