The prices in real estate in Coral Springs, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Coral Springs has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $857. In the following month the price per sq.feet decreased to $755. The price for the following two months in (May, June) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $696.25 to $612 during July, and August.
Based upon to the price in Coral Springs (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $482,192. In April This price remains at $489,126. In the following two months the average price has remained the same with regard to the previous two months from $485,659 to $463,413.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $474,536.25 and $474,481.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $489,029 they are 74 % more affordable than the average price for Coral Springs. The properties with the lowest average price have 4 bedrooms, Their price is 13 % cheaper than the average. After that we have properties with 3 bedrooms priced at $378,651.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $183 / sq.feet, with an average $431 / sq.feet price in Coral Springs. The properties with the highest average prices have 4 bedrooms. They are 92 % more expensive than the average followed by properties with 2 bedrooms with a price at $596 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $489,029 it is 71 % cheaper than the average price in Coral Springs. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $389,817 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $138 / sq.feet followed by "Apartment" priced at $580 / sq.feet. "Townhouse" is the most costly type of property with a $1,611 / sq.feet cost followed by "Land" with an average price of $1,591 / sq.feet.