The prices in real estate in Lake Worth, 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 Worth has increased strongly during the last 6 months. In August, the average price per sq.feet was $495. In the following month the price per sq.feet increased considerably to $803. The price for the following two months in (October, November) had a considerable increment of 195 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $956 to $934.5 during December y January
Based upon to the price in Lake Worth (cities), this has gone up in the last 6 months. The price in August is $513,717, rising in September till $556,965. In the following two months the average price has remained the same with regard to the previous two months from $535,341 to $542,665.5. 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 $539,003.25 and $548,772 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $493,996 they are 72 % more affordable than the average price for Lake Worth. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $503,538.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $181 / sq.feet, with an average $531 / sq.feet price in Lake Worth. The properties with the lowest average prices have 4 bedrooms. They are 45 % cheaper than the average followed by properties with 3 bedrooms with a price at $284 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $493,996 it is 64 % cheaper than the average price in Lake Worth. "Apartment" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $663,146 it is 36 % 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 $197 / sq.feet followed by "House" priced at $316 / sq.feet. "Villa" is the most costly type of property with a $3,392 / sq.feet cost followed by "Apartment" with an average price of $1,948 / sq.feet.