The prices in real estate in Jupiter, 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 Jupiter has increased strongly during the last 6 months. In January, the average price per sq.feet was $358. In the following month the price per sq.feet increased considerably to $530. The price for the following two months in (March, April) had a considerable increment of 132 %. The price per sq.feet has had a considerable increase of 134 % 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 $514 to $686.5 during May, and June.
Based upon to the price in Jupiter (cities), this has gone up in the last 6 months. The average price for January is $1,039,121. During February the price had a considerable reduction till $881,192. During the following two months (March, April) the price has had an average incrementation from $960,156.5 to $1,084,323.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 132 % 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 $1,308,935 they are 89 % more affordable than the average price for Jupiter. The properties with the lowest average price have 4 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 3 bedrooms priced at $872,488.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $159 / sq.feet, with an average $870 / sq.feet price in Jupiter. The properties with the lowest average prices have 3 bedrooms. They are 60 % cheaper than the average followed by properties with 4 bedrooms with a price at $306 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,308,935 it is 79 % cheaper than the average price in Jupiter. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Bungalow". At a price of $635,733 it is 49 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $191 / sq.feet followed by "Apartment" priced at $232 / sq.feet. "Condo" is the cheapest type of property with a $296 / sq.feet value followed by "Bungalow" with an average price of $270 / sq.feet.