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 September, the average price per sq.feet was $130. In the following month the price per sq.feet increased considerably to $166. In the following two months the price per sq.feet has increased 107 %, going from $148 to $159 per sq.feet. The price per sq.feet has had a considerable increase of 6567 % 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 $153.5 to $10,081 during January, and February.
Based upon to the price in Pahokee (cities), this has gone up considerably in the last 6 months. The price in September is $187,316, rising in October till $199,091. During the following two months (November, December) the average price had a considerable increase of 122 % 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 gone up 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $226,552 they are 37 % more affordable than the average price for Pahokee. The properties with the lowest average price have 1 bedroom, Their price is 36 % cheaper than the average. After that we have properties with 3 bedrooms priced at $143,897.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $27 / sq.feet, with an average $4,643 / 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 $32 / 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 $143,177, 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 $27 / sq.feet. "House" with an average cost of $27 / sq.feet has the lowest price and would be directed at less affluent cities.