Property prices for sale in Bal Harbour (Florida)
The prices in real estate in Bal Harbour, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Bal Harbour has increased during the last 6 months. In April, the average price per sq.feet was $6,269. In the following month the price per sq.feet decreased considerably to $3,375. The price for the following two months in (June, July) had a considerable increment of 139 %. The price per sq.feet has had a considerable increase of 142 % 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 $5,766.25 to $8,203 during August, and September.
Based upon to the price in Bal Harbour (cities), this has gone up in the last 6 months. The average price for April is $3,465,188. During May the price had a considerable reduction till $2,774,501. During the following two months (June, July) the price has had an average incrementation from $3,119,844.5 to $3,357,288. Based on an analysis of the first four prices and the last two months the average price has risen strongly 135 % 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 $4,977,815 they are 76 % more affordable than the average price for Bal Harbour. The properties with the highest average price have 4 bedrooms, Their price is 121 % more costly than the average. After that we have properties with 3 bedrooms priced at $7,628,708.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $1,072 / sq.feet, with an average $8,613 / sq.feet price in Bal Harbour. The properties with the lowest average prices have 3 bedrooms. They are 71 % cheaper than the average followed by properties with 4 bedrooms with a price at $2,458 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $4,977,815 it is 12 % cheaper than the average price in Bal Harbour. "House" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Apartment". At a price of $6,529,375 it is 412 % 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 $1,747 / sq.feet followed by "House" priced at $14,448 / sq.feet. "Villa" is the most costly type of property with a $43,560 / sq.feet cost followed by "Apartment" with an average price of $23,632 / sq.feet.
