The prices in real estate in Hialeah, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Hialeah has increased during the last 6 months. In December, the average price per sq.feet was $185. In January this price pretty much remained the same at a value of $189 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $187 to $193 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 $190 to $215.5 during April, and May.
Based upon to the price in Hialeah (cities), this has gone up in the last 6 months. The price in December is $286,288, rising in January till $307,399. In the following two months the average price has remained the same with regard to the previous two months from $296,843.5 to $307,585. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $351,722 they are 61 % more affordable than the average price for Hialeah. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $289,105.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $180 / sq.feet, with an average $207 / sq.feet price in Hialeah. The properties with the lowest average prices have 1 bedroom. They are 4 % cheaper than the average followed by properties with 2 bedrooms with a price at $193 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $351,722 it is 45 % cheaper than the average price in Hialeah. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $327,521 it is 34 % 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 $67 / sq.feet followed by "Townhouse" priced at $181 / sq.feet. "House" is the cheapest type of property with a $193 / sq.feet value followed by "Apartment" with an average price of $190 / sq.feet.