The prices in real estate in Pahokee, in the Florida region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Pahokee has increased strongly during the last 6 months. In October, the average price per sq.feet was $166. In November this price pretty much remained the same at a value of $164 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 4749 %. The price per sq.feet has had a considerable increase of 137 % 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 $4,000.75 to $5,488.5 during February, and March.
Based upon to the price in Pahokee (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $199,091. During November the price went through a considerable rise reaching $239,200. During the following two months (December, January) the price has had an average incrementation from $219,145.5 to $250,697.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $234,921.5 and $227,695 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $228,838 they are 37 % more affordable than the average price for Pahokee. The properties with the lowest average price have 1 bedroom, Their price is 37 % cheaper than the average. After that we have properties with 3 bedrooms priced at $143,753.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $26 / sq.feet, with an average $6,334 / sq.feet price in Pahokee. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $31 / sq.feet.
With regard to the average price based upon the property in Pahokee we can see that the cheapest property type is "House" at a price of $143,033, they are 37 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 37 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $26 / sq.feet. "House" with an average cost of $26 / sq.feet has the lowest price and would be directed at less affluent cities.