The prices in real estate in Palm City, 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 Palm City has increased during the last 6 months. In August, the average price per sq.feet was $219. In the following month the price per sq.feet increased to $233. In the following two months the price per sq.feet has barely changed, going from $226 to $236 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 $231 to $242 during December y January
Based upon to the price in Palm City (cities), this has gone up considerably in the last 6 months. The price in August is $627,616, rising in September till $669,283. During the following two months (October, November) the average price had a considerable increase of 117 % 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 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $787,815 they are 69 % more affordable than the average price for Palm City. The properties with the lowest average price have 1 bedroom, Their price is 23 % cheaper than the average. After that we have properties with 4 bedrooms priced at $599,129.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $149 / sq.feet, with an average $241 / sq.feet price in Palm City. The properties with the lowest average prices have 3 bedrooms. They are 22 % cheaper than the average followed by properties with 4 bedrooms with a price at $185 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $787,815 it is 42 % cheaper than the average price in Palm City. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $499,384 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $163 / sq.feet followed by "Condo" priced at $171 / sq.feet. "House" is the cheapest type of property with a $177 / sq.feet value followed by "Condo" with an average price of $171 / sq.feet.