The prices in real estate in Umatilla, 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 Umatilla has increased strongly during the last 6 months. In April, the average price per sq.feet was $406. In the following month the price per sq.feet increased considerably to $680. The price for the following two months in (June, July) had a considerable increment of 126 %. The price per sq.feet has had a considerable increase of 205 % 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 $613.75 to $1,257.5 during August, and September.
Based upon to the price in Umatilla (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $597,494. During May the price went through a considerable rise reaching $1,717,914. During the following two months (June, July) the price has had an average incrementation from $1,157,704 to $1,307,038.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,232,371.25 to $893,210, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $268,156 they are 18 % more affordable than the average price for Umatilla. The properties with the highest average price have 1 bedroom, Their price is 182 % more costly than the average. After that we have properties with 2 bedrooms priced at $596,681.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $135 / sq.feet, with an average $214 / sq.feet price in Umatilla. The properties with the highest average prices have 1 bedroom. They are 751 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,049 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $268,156 it is 58 % cheaper than the average price in Umatilla. "Villa" is seen as the second most affordable property type. The dearest property type is "Mobile Home" followed by "House". At a price of $262,003 it is 262 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $173 / sq.feet followed by "Villa" priced at $385 / sq.feet. "Mobile Home" is the most costly type of property with a $2,521 / sq.feet cost followed by "Land" with an average price of $1,995 / sq.feet.