Property prices for sale in Delray Beach (Florida)
The prices in real estate in Delray Beach, 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 Delray Beach has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,804. In the following month the price per sq.feet increased to $1,950. The price for the following two months in (December, January) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,544.5 to $1,611.5 during February y March
Based upon to the price in Delray Beach (cities), this has fallen considerably in the last 6 months. The price in October is $1,178,560, rising in November till $1,260,027. During the following two months (December, January) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,084,040.75 to $902,279.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,050,697 they are 76 % more affordable than the average price for Delray Beach. The properties with the highest average price have 4 bedrooms, Their price is 90 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,202,560.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $290 / sq.feet, with an average $2,106 / sq.feet price in Delray Beach. The properties with the lowest average prices have 4 bedrooms. They are 70 % cheaper than the average followed by properties with 3 bedrooms with a price at $546 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,050,697 it is 71 % cheaper than the average price in Delray Beach. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of $1,722,702 it is 183 % 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 $278 / sq.feet followed by "House" priced at $1,101 / sq.feet. "Land" is the most costly type of property with a $1,179,394 / sq.feet cost followed by "Villa" with an average price of $6,384 / sq.feet.
