Property prices for sale in Palm City (Florida)

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.

$449,893.33
Average price last 6 months
$190.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Palm City has increased during the last 6 months. In November, the average price per sq.feet was $179. In December this price pretty much remained the same at a value of $187 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $183 to $181 per sq.feet. The price per sq.feet has increased 113 % 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 $182 to $206.5 during March, and April.

Average price

Based upon to the price in Palm City (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $405,869. During December the price went through a considerable rise reaching $470,891. During the following two months (January, February) the price has had an average incrementation from $438,380 to $461,274.5. 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 $449,827.25 and $450,025.5 between March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $494,690 they are 51 % more affordable than the average price for Palm City. The properties with the highest average price have 1 bedroom, Their price is 22 % more costly than the average. After that we have properties with 4 bedrooms priced at $593,160.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $144 / sq.feet, with an average $223 / sq.feet price in Palm City. The properties with the lowest average prices have 3 bedrooms. They are 20 % cheaper than the average followed by properties with 1 bedroom with a price at $177 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $494,690 it is 9 % cheaper than the average price in Palm City. "Bungalow" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $494,409 it is 14 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $148 / sq.feet followed by "Bungalow" priced at $156 / sq.feet. "House" is the cheapest type of property with a $167 / sq.feet value followed by "Condo" with an average price of $161 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Palm City
Number of properties used in region Florida
$494,690
$223
5,694
2,763,210
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value