The prices in real estate in New Port Richey, 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 New Port Richey has increased strongly during the last 6 months. In March, the average price per sq.feet was $133. In the following month the price per sq.feet increased to $140. In the following two months the price per sq.feet has increased 106 %, going from $136.5 to $144.5 per sq.feet. The price per sq.feet has had a considerable increase of 190 % 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 $140.5 to $267.5 during July, and August.
Based upon to the price in New Port Richey (cities), these have remained the same in the last 6 months. The price in March is $267,083, rising in April till $292,277. In the following two months the average price has remained the same with regard to the previous two months from $279,680 to $274,217. 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 $276,948.5 and $265,504 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $272,969 they are 62 % more affordable than the average price for New Port Richey. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 1 bedroom priced at $390,996.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $94 / sq.feet, with an average $129 / sq.feet price in New Port Richey. The properties with the highest average prices have 3 bedrooms. They are 25 % more expensive than the average followed by properties with 1 bedroom with a price at $152 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $272,969 it is 47 % cheaper than the average price in New Port Richey. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $227,668 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $96 / sq.feet followed by "Apartment" priced at $125 / sq.feet. "Townhouse" is the most costly type of property with a $136 / sq.feet cost followed by "Apartment" with an average price of $125 / sq.feet.