Property prices for sale in East Palatka (Florida)
The prices in real estate in East Palatka, 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 East Palatka has increased strongly during the last 6 months. In October, the average price per sq.feet was $7,814. In the following month the price per sq.feet increased to $8,857. The price for the following two months in (December, January) had a considerable increment of 140 %. The price per sq.feet has had a considerable increase of 177 % 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 $10,022.25 to $17,756.5 during February, and March.
Based upon to the price in East Palatka (cities), these have remained the same in the last 6 months. The average price for October is $570,323. During November the price had a slight fall till $530,456. During the following two months (December, January) the price has had an average incrementation from $550,389.5 to $605,759. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $623,182 they are 56 % more affordable than the average price for East Palatka. The properties with the highest average price have 1 bedroom, Their price is 92 % more costly than the average. After that we have properties with 4 bedrooms priced at $601,327.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $245 / sq.feet, with an average $19,633 / sq.feet price in East Palatka. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 4 bedrooms with a price at $280 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $623,182 it is 56 % cheaper than the average price in East Palatka. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $516,964 it is 14 % 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 $261 / sq.feet followed by "House" priced at $265 / sq.feet. "Land" is the most costly type of property with a $175,365 / sq.feet cost followed by "Detached House" with an average price of $370 / sq.feet.
