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 November, the average price per sq.feet was $468. In December this price pretty much remained the same at a value of $457 per sq.feet. The price for the following two months in (January, February) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 138 % 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 $440.75 to $609 during March, and April.
Based upon to the price in North Palm Beach (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $1,095,466. In December This price remains at $1,088,332. During the following two months (January, February) the average price fell 87 % 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 135 % 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 $1,259,597 they are 81 % more affordable than the average price for North Palm Beach. The properties with the highest average price have 4 bedrooms, Their price is 237 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,320,498.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $580 / sq.feet, with an average $561 / sq.feet price in North Palm Beach. The properties with the highest average prices have 4 bedrooms. They are 197 % more expensive than the average followed by properties with 3 bedrooms with a price at $710 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,259,597 it is 66 % 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 "House". At a price of $1,596,483 it is 260 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $300 / sq.feet followed by "Condo" priced at $323 / sq.feet. "Villa" is the most costly type of property with a $13,639 / sq.feet cost followed by "Apartment" with an average price of $4,230 / sq.feet.
