The prices in real estate in Hobe Sound, 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 Hobe Sound has increased strongly during the last 6 months. In November, the average price per sq.feet was $177. In December this price pretty much remained the same at a value of $179 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 147 %. The price per sq.feet has decreased 90 % 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 $220 to $199 during March, and April.
Based upon to the price in Hobe Sound (cities), these have remained the same in the last 6 months. The average price for November is $302,442. During December the price had a considerable reduction till $219,625. During the following two months (January, February) the average price had a considerable increase of 121 % with regard to the previous two months. 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 $288,459.75 and $302,136 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $302,363 they are 1 % more affordable than the average price for Hobe Sound. The properties with the highest average price have 1 bedroom, Their price is 21 % more costly than the average. After that we have properties with 2 bedrooms priced at $300,330.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $225 / sq.feet, with an average $199 / sq.feet price in Hobe Sound. The properties with the highest average prices have 2 bedrooms. They are 49 % more expensive than the average followed by properties with 1 bedroom with a price at $225 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $302,363 it is 5 % cheaper than the average price in Hobe Sound. "Condo" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Condo". At a price of $297,558 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $183 / sq.feet followed by "Condo" priced at $190 / sq.feet. "Land" is the most costly type of property with a $296 / sq.feet cost followed by "Condo" with an average price of $190 / sq.feet.