The prices in real estate in Boca Raton, 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 Boca Raton has fallen in the last 6 months. In September, the average price per sq.feet was $1,562. In the following month the price per sq.feet decreased considerably to $1,171. In the following two months the price per sq.feet has increased 114 %, going from $1,366.5 to $1,557.5 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 $1,462 to $1,531 during January y February
Based upon to the price in Boca Raton (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $1,059,051. In October This price remains at $1,074,895. During the following two months (November, December) the price has had an average incrementation from $1,066,973 to $1,206,121.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $1,303,964 they are 84 % more affordable than the average price for Boca Raton. 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 $871,926.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $268 / sq.feet, with an average $1,452 / sq.feet price in Boca Raton. The properties with the lowest average prices have 4 bedrooms. They are 64 % cheaper than the average followed by properties with 3 bedrooms with a price at $420 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,303,964 it is 57 % cheaper than the average price in Boca Raton. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Apartment". At a price of $1,817,250 it is 61 % 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 $377 / sq.feet followed by "Apartment" priced at $659 / sq.feet. "Villa" is the most costly type of property with a $6,374 / sq.feet cost followed by "Land" with an average price of $2,530 / sq.feet.