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 May, the average price per sq.feet was $323. In the following month the price per sq.feet decreased to $290. The price for the following two months in (July, August) decreased 87 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $286.25 to $281 during September y October
Based upon to the price in Winter Park (cities), this has fallen considerably in the last 6 months. The average price for May is $852,464. During June the price had a slight fall till $776,145. During the following two months (July, August) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $750,839 to $689,012.5 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $621,534 they are 65 % more affordable than the average price for Winter Park. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $470,010.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $236 / sq.feet, with an average $262 / sq.feet price in Winter Park. The properties with the highest average prices have 4 bedrooms. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $247 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $621,534 it is 45 % cheaper than the average price in Winter Park. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $559,474 it is 13 % 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 $236 / sq.feet followed by "Townhouse" priced at $263 / sq.feet. "Farm" is the most costly type of property with a $536 / sq.feet cost followed by "House" with an average price of $270 / sq.feet.