Property prices for sale in Margate (Florida)
The prices in real estate in Margate, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Margate has increased during the last 6 months. In October, the average price per sq.feet was $575. In the following month the price per sq.feet decreased to $518. In the following two months the price per sq.feet has barely changed, going from $546.5 to $567.5 per sq.feet. The price per sq.feet has had a considerable increase of 131 % 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 $557 to $728 during February, and March.
Based upon to the price in Margate (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $352,917. In November This price remains at $342,888. In the following two months the average price has remained the same with regard to the previous two months from $347,902.5 to $338,242. 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 $343,072.25 and $329,611 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $364,005 they are 62 % more affordable than the average price for Margate. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $537,060.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $183 / sq.feet, with an average $1,098 / sq.feet price in Margate. The properties with the lowest average prices have 3 bedrooms. They are 69 % cheaper than the average followed by properties with 4 bedrooms with a price at $302 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $364,005 it is 56 % cheaper than the average price in Margate. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Villa". At a price of $548,072 it is 69 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $185 / sq.feet followed by "Condo" priced at $186 / sq.feet. "Villa" is the most costly type of property with a $3,625 / sq.feet cost followed by "Townhouse" with an average price of $1,325 / sq.feet.
