Property prices for sale in Delray Beach (Florida)
The prices in real estate in Delray 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 Delray Beach has increased strongly during the last 6 months. In February, the average price per sq.feet was $298. In the following month the price per sq.feet increased considerably to $383. In the following two months the price per sq.feet has increased 112 %, going from $340.5 to $382 per sq.feet. The price per sq.feet has had a considerable increase of 238 % 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 $361.25 to $858 during June, and July.
Based upon to the price in Delray Beach (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $460,014. During March the price went through a considerable rise reaching $688,082. During the following two months (April, May) the average price had a considerable increase of 147 % 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 140 % 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 $1,015,320 they are 84 % more affordable than the average price for Delray Beach. The properties with the highest average price have 4 bedrooms, Their price is 100 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,010,846.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $205 / sq.feet, with an average $1,204 / sq.feet price in Delray Beach. The properties with the lowest average prices have 4 bedrooms. They are 47 % cheaper than the average followed by properties with 3 bedrooms with a price at $518 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,015,320 it is 70 % cheaper than the average price in Delray Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Villa". At a price of $1,723,014 it is 173 % 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 $252 / sq.feet followed by "Detached House" priced at $407 / sq.feet. "Villa" is the most costly type of property with a $6,237 / sq.feet cost followed by "Townhouse" with an average price of $4,146 / sq.feet.
