The prices in real estate in Winter Park, in the Florida region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Winter Park has fallen in the last 6 months. In November, the average price per sq.feet was $460. In the following month the price per sq.feet decreased to $419. The price for the following two months in (January, February) decreased 87 % with regard to the prior two months. The price per sq.feet has increased 109 % 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 $410.5 to $448.5 during March, and April.
Based upon to the price in Winter Park (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $1,114,192. In December This price remains at $1,063,265. During the following two months (January, February) the average price had a considerable reduction of 84 % 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 risen strongly 124 % 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 $1,275,569 they are 88 % more affordable than the average price for Winter Park. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $642,489.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $224 / sq.feet, with an average $461 / sq.feet price in Winter Park. The properties with the lowest average prices have 4 bedrooms. They are 14 % cheaper than the average followed by properties with 3 bedrooms with a price at $347 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,275,569 it is 74 % cheaper than the average price in Winter Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $1,419,217 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $279 / sq.feet followed by "Townhouse" priced at $388 / sq.feet. "Land" is the most costly type of property with a $872,558 / sq.feet cost followed by "House" with an average price of $462 / sq.feet.