The prices in real estate in Bradenton, 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 Bradenton has increased strongly during the last 6 months. In February, the average price per sq.feet was $166. In the following month the price per sq.feet increased to $177. The price for the following two months in (April, May) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 137 % 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 $188.25 to $258.5 during June, and July.
Based upon to the price in Bradenton (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $334,382. In March This price remains at $350,582. During the following two months (April, May) the average price had a considerable increase of 116 % 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 126 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $513,495 they are 54 % more affordable than the average price for Bradenton. The properties with the highest average price have 1 bedroom, Their price is 127 % more costly than the average. After that we have properties with 4 bedrooms priced at $439,570.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $162 / sq.feet, with an average $270 / sq.feet price in Bradenton. The properties with the highest average prices have 1 bedroom. They are 822 % more expensive than the average followed by properties with 4 bedrooms with a price at $185 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $513,495 it is 48 % cheaper than the average price in Bradenton. "Villa" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $314,055 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $149 / sq.feet followed by "Condo" priced at $187 / sq.feet. "Villa" is the cheapest type of property with a $250 / sq.feet value followed by "House" with an average price of $228 / sq.feet.