The prices in real estate in Venice, 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 Venice has increased strongly during the last 6 months. In October, the average price per sq.feet was $315. In November this price pretty much remained the same at a value of $320 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $317.5 to $322 per sq.feet. The price per sq.feet has had a considerable increase of 176 % 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 $319.75 to $562.5 during February, and March.
Based upon to the price in Venice (cities), these have remained the same in the last 6 months. The price in October is $545,464, rising in November till $582,289. In the following two months the average price has remained the same with regard to the previous two months from $563,876.5 to $553,490. 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 $558,683.25 and $554,633.5 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 $566,058 they are 48 % more affordable than the average price for Venice. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $563,082.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $225 / sq.feet, with an average $835 / sq.feet price in Venice. The properties with the highest average prices have 3 bedrooms. They are 248 % more expensive than the average followed by properties with 1 bedroom with a price at $510 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $566,058 it is 48 % cheaper than the average price in Venice. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $438,361 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $189 / sq.feet followed by "Apartment" priced at $264 / sq.feet. "Land" is the most costly type of property with a $43,522 / sq.feet cost followed by "House" with an average price of $2,026 / sq.feet.