The prices in real estate in Cocoa 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 Cocoa Beach has increased strongly during the last 6 months. In August, the average price per sq.feet was $231. In the following month the price per sq.feet increased to $264. In the following two months the price per sq.feet has increased 111 %, going from $247.5 to $273.5 per sq.feet. The price per sq.feet has increased 113 % 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 $260.5 to $295 during December, and January.
Based upon to the price in Cocoa Beach (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $327,000. During September the price went through a considerable rise reaching $378,800. During the following two months (October, November) the average price had a considerable increase of 161 % 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 143 % 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 $654,961 they are 45 % more affordable than the average price for Cocoa Beach. The properties with the highest average price have 1 bedroom, Their price is 57 % more costly than the average. After that we have properties with 4 bedrooms priced at $715,990.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $264 / sq.feet, with an average $297 / sq.feet price in Cocoa Beach. The properties with the highest average prices have 4 bedrooms. They are 5278 % more expensive than the average followed by properties with 1 bedroom with a price at $3,977 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $654,961 it is 40 % cheaper than the average price in Cocoa Beach. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $395,534 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $256 / sq.feet followed by "House" priced at $15,972 / sq.feet. "House" is the most costly type of property with a $15,972 / sq.feet cost followed by "Townhouse" with an average price of $256 / sq.feet.