The prices in real estate in New Smyrna Beach, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in New Smyrna Beach has remained the same in the last 6 months. In March, the average price per sq.feet was $373. In the following month the price per sq.feet increased to $423. The price for the following two months in (May, June) decreased 87 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $371.75 to $350 during July, and August.
Based upon to the price in New Smyrna Beach (cities), these have remained the same in the last 6 months. The price in March is $691,743, rising in April till $773,700. During the following two months (May, June) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $707,235.25 to $611,244 in 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 $577,738 they are 15 % more affordable than the average price for New Smyrna Beach. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $613,696.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $297 / sq.feet, with an average $346 / sq.feet price in New Smyrna Beach. The properties with the highest average prices have 1 bedroom. They are 66 % more expensive than the average followed by properties with 2 bedrooms with a price at $427 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $577,738 it is 46 % cheaper than the average price in New Smyrna Beach. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $588,722 it is 126 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $14 / sq.feet followed by "Townhouse" priced at $168 / sq.feet. "Apartment" is the most costly type of property with a $4,014 / sq.feet cost followed by "Commercial" with an average price of $884 / sq.feet.