Property prices for sale in North Palm Beach (Florida)
The prices in real estate in North Palm Beach, 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 North Palm Beach has increased during the last 6 months. In October, the average price per sq.feet was $2,447. In the following month the price per sq.feet decreased to $2,237. In the following two months the price per sq.feet has increased 105 %, going from $2,342 to $2,469.5 per sq.feet. The price per sq.feet has had a considerable increase of 125 % 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 $2,405.75 to $3,005 during February, and March.
Based upon to the price in North Palm Beach (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $1,208,411. In November This price remains at $1,251,830. During the following two months (December, January) the average price had a considerable increase of 119 % 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 1 bedroom are the cheapest ones. At a price of $1,876,552 they are 85 % more affordable than the average price for North Palm Beach. The properties with the highest average price have 4 bedrooms, Their price is 70 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,981,889.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $364 / sq.feet, with an average $3,894 / sq.feet price in North Palm Beach. The properties with the lowest average prices have 4 bedrooms. They are 75 % cheaper than the average followed by properties with 3 bedrooms with a price at $842 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,876,552 it is 63 % cheaper than the average price in North Palm Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Detached House". At a price of $2,584,080 it is 76 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $447 / sq.feet followed by "Detached House" priced at $744 / sq.feet. "Villa" is the most costly type of property with a $9,966 / sq.feet cost followed by "Townhouse" with an average price of $3,674 / sq.feet.
