The average price in the Florida region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per sq.feet in Florida has risen considerably in the last 6 months. During April, the average price per sq.feet was $1,271. The following month (May) the price had a considerable deflation reaching $477 per sq.feet. The following two months (June, July) went through a considerable deflation of 76 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 32 %. This has been obtained by comparing the price of $771.25 for the first four months of the sample with regard to the previous 4 months and the price of $244.5 per sq.feet for the last two months (August, September).
Based upon to the price in Florida(region), these have remained the same in the last 6 months. In the first month sample for April the average price is $581,704. During May it went through a strong inflation reaching $814,276 In the following two months the average price has decreased 84 % compared to the previous two. During the last two months the price has had a considerable reduction of 72 % with respect to the previous four months going from $643,158.5 a $460,728.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 65 % more affordable than the average price in Florida followed by those with 2 with an average price of $269,544. The most costly properties have 4 bedrooms. They are 29 % more expensive than the average followed by those properties with 3 bedrooms priced at $359,283.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $198 / sq.feet being $251 / sq.feet the average value within the Florida region. The properties with the cheapest average price are those with 1 bedroom. These are 15 % lower than the average followed by those with 2 bedrooms with a price of $200 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $468,715 it is 87 % more affordable than the average in Florida. This is followed by "Townhouse" with a price of $345,890. The dearest property type is "Villa" and is 148 % more expensive than the average, followed by "Apartment" with a cost of $1,096,330.
Based on the average cost per sq.feet the cheapest property type is "House with a an average cost of $186 / sq.feet, followed by "Townhouse" with a price of $213 / sq.feet. "Villa" with an average price of $4,218 / sq.feet is the most costly type of property followed by "Apartment" at a price of $1,732 / sq.feet.