The prices in real estate in North Miami 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 North Miami Beach has remained the same in the last 6 months. In November, the average price per sq.feet was $872. In December this price pretty much remained the same at a value of $878 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 115 %. The price per sq.feet has decreased 89 % 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 $940.75 to $833.5 during March, and April.
Based upon to the price in North Miami Beach (cities), this has gone up considerably in the last 6 months. The average price for November is $899,021. During December the price had a slight fall till $842,956. During the following two months (January, February) the average price had a considerable increase of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,184,233 they are 48 % more affordable than the average price for North Miami Beach. The properties with the highest average price have 4 bedrooms, Their price is 244 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,702,323.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $438 / sq.feet, with an average $731 / sq.feet price in North Miami Beach. The properties with the highest average prices have 4 bedrooms. They are 24931 % more expensive than the average followed by properties with 1 bedroom with a price at $1,124 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,184,233 it is 39 % cheaper than the average price in North Miami Beach. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $1,214,293 it is 48 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $587 / sq.feet followed by "Apartment" priced at $591 / sq.feet. "House" is the most costly type of property with a $65,007 / sq.feet cost followed by "Commercial" with an average price of $1,074 / sq.feet.