The prices in real estate in Loxahatchee, 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 Loxahatchee has increased strongly during the last 6 months. In November, the average price per sq.feet was $365. In the following month the price per sq.feet decreased to $334. In the following two months the price per sq.feet has barely changed, going from $349.5 to $351.5 per sq.feet. The price per sq.feet has had a considerable increase of 305 % 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 $350.5 to $1,070 during March, and April.
Based upon to the price in Loxahatchee (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $855,277. In December This price remains at $856,137. In the following two months the average price has remained the same with regard to the previous two months from $855,707 to $866,929.5. 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 $861,318.25 and $895,657.5 between 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 $849,111 they are 52 % more affordable than the average price for Loxahatchee. The properties with the highest average price have 2 bedrooms, Their price is 0 % more costly than the average. After that we have properties with 4 bedrooms priced at $636,449.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $129 / sq.feet, with an average $368 / sq.feet price in Loxahatchee. The properties with the highest average prices have 2 bedrooms. They are 54 % more expensive than the average followed by properties with 3 bedrooms with a price at $237 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $849,111 it is 55 % cheaper than the average price in Loxahatchee. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $450,426 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $104 / sq.feet followed by "House" priced at $244 / sq.feet. "Apartment" is the cheapest type of property with a $246 / sq.feet value followed by "House" with an average price of $244 / sq.feet.