The prices in real estate in Venice, 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 Venice has increased during the last 6 months. In November, the average price per sq.feet was $176. In December this price pretty much remained the same at a value of $181 per sq.feet. The price for the following two months in (January, February) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 132 % 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 $172.5 to $228.5 during March, and April.
Based upon to the price in Venice (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $329,440. In December This price remains at $339,623. During the following two months (January, February) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $465,002 they are 82 % more affordable than the average price for Venice. The properties with the highest average price have 2 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 4 bedrooms priced at $459,043.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $115 / sq.feet, with an average $303 / sq.feet price in Venice. The properties with the highest average prices have 2 bedrooms. They are 83 % more expensive than the average followed by properties with 4 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $465,002 it is 36 % cheaper than the average price in Venice. "Villa" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $343,861 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $203 / sq.feet followed by "Villa" priced at $236 / sq.feet. "Condo" is the cheapest type of property with a $246 / sq.feet value followed by "Villa" with an average price of $236 / sq.feet.