The prices in real estate in Indian Rocks 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 Indian Rocks Beach has increased strongly during the last 6 months. In April, the average price per sq.feet was $455. In the following month the price per sq.feet increased considerably to $1,179. The price for the following two months in (June, July) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $636.75 to $492.5 during August, and September.
Based upon to the price in Indian Rocks Beach (cities), these have remained the same in the last 6 months. The average price during our first sample month during April, is $1,103,143. During May the price went through a considerable rise reaching $1,460,988. During the following two months (June, July) the average price fell 95 % 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 $1,247,665.75 to $851,922.5, which means a 68 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $869,087 they are 13 % more affordable than the average price for Indian Rocks Beach. The properties with the highest average price have 1 bedroom, Their price is 109 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,602,586.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $592 / sq.feet, with an average $497 / sq.feet price in Indian Rocks Beach. The properties with the highest average prices have 1 bedroom. They are 1352 % more expensive than the average followed by properties with 3 bedrooms with a price at $5,485 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $869,087 it is 43 % 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 $492,021 it is 84 % 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 $315 / sq.feet followed by "House" priced at $5,485 / sq.feet. "House" is the most costly type of property with a $5,485 / sq.feet cost followed by "Townhouse" with an average price of $315 / sq.feet.