The prices in real estate in New Smyrna Beach, 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 New Smyrna Beach has fallen in the last 6 months. In September, the average price per sq.feet was $392. In the following month the price per sq.feet decreased to $353. In the following two months the price per sq.feet has barely changed, going from $372.5 to $368 per sq.feet. 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 $370.25 to $373.5 during January y February
Based upon to the price in New Smyrna Beach (cities), these have remained the same in the last 6 months. The average price for September is $651,310. During October the price had a slight fall till $614,306. In the following two months the average price has remained the same with regard to the previous two months from $632,808 to $629,654. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $631,231 and $614,316 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $599,041 they are 38 % more affordable than the average price for New Smyrna Beach. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $636,710.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $320 / sq.feet, with an average $343 / sq.feet price in New Smyrna Beach. The properties with the highest average prices have 1 bedroom. They are 43 % more expensive than the average followed by properties with 2 bedrooms with a price at $446 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $599,041 it is 46 % cheaper than the average price in New Smyrna Beach. "Apartment" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $628,464 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $150 / sq.feet followed by "House" priced at $355 / sq.feet. "Land" is the most costly type of property with a $51,470 / sq.feet cost followed by "Apartment" with an average price of $3,939 / sq.feet.