The prices in real estate in Terra Ceia, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Terra Ceia has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $106,740. In the following month the price per sq.feet decreased considerably to $14,450. The price for the following two months in (January, February) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 57 % 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 $49,844.75 to $28,517 during March, and April.
Based upon to the price in Terra Ceia (cities), this has gone up in the last 6 months. The average price for November is $1,195,901. During December the price had a slight fall till $1,103,258. During the following two months (January, February) the price has had an average incrementation from $1,149,579.5 to $1,208,055.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.