The prices in real estate in North Palm 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 Palm Beach has remained the same in the last 6 months. In November, the average price per sq.feet was $334. In December this price pretty much remained the same at a value of $345 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $339.5 to $341 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $340.25 to $344 during March y April
Based upon to the price in North Palm Beach (cities), this has fallen considerably in the last 6 months. The average price for November is $887,737. During December the price had a slight fall till $841,177. During the following two months (January, February) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $794,266 to $659,987.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $720,256 they are 78 % more affordable than the average price for North Palm Beach. The properties with the highest average price have 4 bedrooms, Their price is 104 % more costly than the average. After that we have properties with 3 bedrooms priced at $909,025.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $212 / sq.feet, with an average $378 / sq.feet price in North Palm Beach. The properties with the highest average prices have 4 bedrooms. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $394 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $720,256 it is 30 % 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 $1,143,183 it is 441 % 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 $289 / sq.feet followed by "Commercial" priced at $312 / sq.feet. "Villa" is the most costly type of property with a $8,615 / sq.feet cost followed by "Townhouse" with an average price of $1,892 / sq.feet.