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 April, the average price per sq.feet was $190. In the following month the price per sq.feet increased to $200. The price for the following two months in (June, July) had a considerable increment of 159 %. The price per sq.feet has had a considerable deflation of 85 % 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 $252.75 to $214.5 during August, and September.
Based upon to the price in Boynton Beach (cities), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is $415,334. In May This price remains at $426,065. During the following two months (June, July) the average price had a considerable increase of 121 % 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 129 % 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 $634,909 they are 84 % more affordable than the average price for Boynton Beach. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $559,910.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $154 / sq.feet, with an average $223 / sq.feet price in Boynton Beach. The properties with the highest average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 4 bedrooms with a price at $224 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $634,909 it is 71 % cheaper than the average price in Boynton Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $627,987 it is 370 % 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 $112 / sq.feet followed by "Townhouse" priced at $173 / sq.feet. "Commercial" is the most costly type of property with a $4,623 / sq.feet cost followed by "House" with an average price of $222 / sq.feet.