The prices in real estate in Summerland Key, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Summerland Key has increased during the last 6 months. In October, the average price per sq.feet was $961. In the following month the price per sq.feet increased to $1,031. In the following two months the price per sq.feet has barely changed, going from $996 to $1,014 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,005 to $1,046.5 during February y March
Based upon to the price in Summerland Key (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,378,708. During November the price went through a considerable rise reaching $1,686,147. During the following two months (December, January) the price has had an average incrementation from $1,532,427.5 to $1,626,522. 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 $1,579,474.75 and $1,520,043.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,722,656 they are 63 % more affordable than the average price for Summerland Key. The properties with the highest average price have 4 bedrooms, Their price is 127 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,454,669.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $877 / sq.feet, with an average $1,137 / sq.feet price in Summerland Key. The properties with the highest average prices have 1 bedroom. They are 49 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,185 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $1,722,656 it is 75 % cheaper than the average price in Summerland Key. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $433,876 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $286 / sq.feet followed by "House" priced at $916 / sq.feet. "House" is the cheapest type of property with a $916 / sq.feet value followed by "Commercial" with an average price of $286 / sq.feet.