The prices in real estate in Winter Park, 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 Winter Park has increased strongly during the last 6 months. In October, the average price per sq.feet was $172. In the following month the price per sq.feet increased considerably to $292. The price for the following two months in (December, January) had a considerable increment of 121 %. The price per sq.feet has increased 112 % 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 $256 to $287 during February, and March.
Based upon to the price in Winter Park (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $372,652. During November the price went through a considerable rise reaching $856,709. During the following two months (December, January) the average price had a considerable increase of 121 % 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 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $718,119 they are 69 % more affordable than the average price for Winter Park. The properties with the lowest average price have 4 bedrooms, Their price is 30 % cheaper than the average. After that we have properties with 1 bedroom priced at $492,265.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $203 / sq.feet, with an average $288 / sq.feet price in Winter Park. The properties with the highest average prices have 2 bedrooms. They are 512 % more expensive than the average followed by properties with 1 bedroom with a price at $591 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $718,119 it is 62 % cheaper than the average price in Winter Park. "House" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "Townhouse". At a price of $456,785 it is 36 % 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 $171 / sq.feet followed by "Condo" priced at $200 / sq.feet. "Apartment" is the most costly type of property with a $1,981 / sq.feet cost followed by "Office" with an average price of $548 / sq.feet.