Property prices for sale in Pompano Beach (Florida)
The prices in real estate in Pompano Beach, in the Florida region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Pompano Beach has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,630. In November this price pretty much remained the same at a value of $1,703 per sq.feet. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 153 % 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 $1,559.75 to $2,388.5 during February, and March.
Based upon to the price in Pompano Beach (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $803,437. In November This price remains at $807,877. In the following two months the average price has remained the same with regard to the previous two months from $805,657 to $809,072. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $1,055,576 they are 79 % more affordable than the average price for Pompano Beach. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $983,585.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $316 / sq.feet, with an average $3,163 / sq.feet price in Pompano Beach. The properties with the lowest average prices have 4 bedrooms. They are 83 % cheaper than the average followed by properties with 3 bedrooms with a price at $527 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,055,576 it is 60 % cheaper than the average price in Pompano Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of $1,309,207 it is 97 % 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 $348 / sq.feet followed by "Apartment" priced at $2,427 / sq.feet. "Land" is the most costly type of property with a $999,021 / sq.feet cost followed by "Villa" with an average price of $6,812 / sq.feet.
