Property prices for sale in Lake Park (Florida)
The prices in real estate in Lake Park, 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 Lake Park has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,171. In December this price pretty much remained the same at a value of $1,130 per sq.feet. The price for the following two months in (January, February) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 160 % 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 $1,105.25 to $1,768 during March, and April.
Based upon to the price in Lake Park (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $783,612. In December This price remains at $762,800. In the following two months the average price has remained the same with regard to the previous two months from $773,206 to $751,544. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $762,375 to $691,577.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $716,230 they are 66 % more affordable than the average price for Lake Park. The properties with the highest average price have 3 bedrooms, Their price is 179 % more costly than the average. After that we have properties with 4 bedrooms priced at $687,248.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $277 / sq.feet, with an average $1,907 / sq.feet price in Lake Park. The properties with the lowest average prices have 3 bedrooms. They are 59 % cheaper than the average followed by properties with 2 bedrooms with a price at $371 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $716,230 it is 19 % cheaper than the average price in Lake Park. "Villa" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of $630,086 it is 18 % 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 $431 / sq.feet followed by "House" priced at $3,731 / sq.feet. "Villa" is the most costly type of property with a $3,748 / sq.feet cost followed by "House" with an average price of $3,731 / sq.feet.
