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 September, the average price per sq.feet was $1,332. The following month (October) the price had a considerable deflation reaching $638 per sq.feet. The following two months (November, December) went through a considerable deflation of 79 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has decreased 95 %. This has been obtained by comparing the price $882.25 for the first four months of the sample with regard to the previous 4 months and the price $836 per sq.feet for the last two months (January, February).
Based upon to the price in Florida (region), this has decreased in the last 6 months. September has an average price of $736,887. During October the price had a slight deflation till $683,034. In the following two months the average price didn't change much compared to the previous two going from $709,960.5 to $726,840. During the last two months the price has reduced 88 % compared to the previous average values going from $718,400.25 a $630,918 in January and February.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 58 % more affordable than the average price in Florida followed by those with 2 with an average price of $422,482. The most costly properties have 4 bedrooms. They are 36 % more expensive than the average followed by those properties with 3 bedrooms priced at $536,209.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $332 / sq.feet being $1,064 / sq.feet the average value within the Florida region. The properties with the cheapest average price are those with 3 bedrooms. These are 64 % lower than the average followed by those with 4 bedrooms with a price of $369 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $623,354 it is 81 % more affordable than the average in Florida. This is followed by "Condo" with a price of $478,981. The dearest property type is "Villa" and is 54 % more expensive than the average, followed by "Apartment" with a cost of $876,391.
Based on the average cost per sq.feet the cheapest property type is "Detached House with a an average cost of $298 / sq.feet, followed by "Condo" with a price of $404 / sq.feet. "Villa" with an average price of $4,670 / sq.feet is the most costly type of property followed by "Apartment" at a price of $3,593 / sq.feet.