Property prices for sale in Palm City (Florida)
The prices in real estate in Palm City, 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 Palm City has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,176. In the following month the price per sq.feet increased considerably to $1,359. In the following two months the price per sq.feet has barely changed, going from $1,267.5 to $1,322.5 per sq.feet. The price per sq.feet has had a considerable increase of 129 % 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 $1,295 to $1,668 during February, and March.
Based upon to the price in Palm City (cities), these have remained the same in the last 6 months. The price in October is $1,023,701, rising in November till $1,110,555. In the following two months the average price has remained the same with regard to the previous two months from $1,067,128 to $1,025,140.5. 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 $1,046,134.25 and $1,045,852 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,023,431 they are 67 % more affordable than the average price for Palm City. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 1 bedroom priced at $895,000.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $238 / sq.feet, with an average $2,128 / sq.feet price in Palm City. The properties with the lowest average prices have 1 bedroom. They are 70 % cheaper than the average followed by properties with 4 bedrooms with a price at $379 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,023,431 it is 69 % cheaper than the average price in Palm City. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $968,401 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $131 / sq.feet followed by "Condo" priced at $207 / sq.feet. "Land" is the most costly type of property with a $110,456 / sq.feet cost followed by "Villa" with an average price of $4,245 / sq.feet.
