The prices in real estate in Boynton 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 Boynton Beach has increased strongly during the last 6 months. In January, the average price per sq.feet was $219. In February this price pretty much remained the same at a value of $218 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 131 %. The price per sq.feet has had a considerable increase of 143 % 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 $252.25 to $359.5 during May, and June.
Based upon to the price in Boynton Beach (cities), this has gone up considerably in the last 6 months. The average price for January is $390,857. During February the price had a slight fall till $361,450. During the following two months (March, April) the average price had a considerable increase of 124 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % 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 $562,342 they are 64 % more affordable than the average price for Boynton Beach. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $523,994.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $248 / sq.feet, with an average $430 / sq.feet price in Boynton Beach. The properties with the lowest average prices have 4 bedrooms. They are 23 % cheaper than the average followed by properties with 3 bedrooms with a price at $294 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $562,342 it is 48 % cheaper than the average price in Boynton Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $587,687 it is 33 % 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 $229 / sq.feet followed by "House" priced at $301 / sq.feet. "Villa" is the most costly type of property with a $3,643 / sq.feet cost followed by "Townhouse" with an average price of $1,258 / sq.feet.