The prices in real estate in Indian Rocks 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 Indian Rocks Beach has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $5,605. In the following month the price per sq.feet increased considerably to $6,842. The price for the following two months in (March, April) had a considerable decrease of 39 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 10 % 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 $4,313.25 to $413 during May, and June.
Based upon to the price in Indian Rocks Beach (cities), this has fallen considerably in the last 6 months. In our first sample month during January, the average price is $1,634,987. In February This price remains at $1,632,211. During the following two months (March, April) the average price had a considerable reduction of 59 % 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 $1,299,717 to $516,583.5, which means a 40 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $567,667 they are 35 % more expensive than the average price for Indian Rocks Beach. Following this ranking we find those properties with 3 at an average price of $1,626,826. The properties with the highest average price have 1 bedroom, Their price is 223 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,626,826.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $607 / sq.feet, with an average $419 / sq.feet price in Indian Rocks Beach. The properties with the highest average prices have 1 bedroom. They are 1642 % more expensive than the average followed by properties with 3 bedrooms with a price at $5,575 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $567,667 it is 12 % cheaper than the average price in Indian Rocks Beach. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $499,466 it is 187 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $330 / sq.feet followed by "House" priced at $5,575 / sq.feet. "House" is the most costly type of property with a $5,575 / sq.feet cost followed by "Townhouse" with an average price of $330 / sq.feet.