The prices in real estate in Palm Coast, 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 Coast has increased strongly during the last 6 months. In October, the average price per sq.feet was $991. In the following month the price per sq.feet increased considerably to $2,385. The price for the following two months in (December, January) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable increase of 266 % 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 $1,459.5 to $3,889 during February, and March.
Based upon to the price in Palm Coast (cities), this has gone up in the last 6 months. The price in October is $469,756, rising in November till $493,529. During the following two months (December, January) the average price fell 93 % 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 risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $577,795 they are 47 % more affordable than the average price for Palm Coast. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $589,674.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $1,654 / sq.feet, with an average $6,260 / sq.feet price in Palm Coast. The properties with the lowest average prices have 4 bedrooms. They are 12 % cheaper than the average followed by properties with 3 bedrooms with a price at $4,567 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $577,795 it is 63 % cheaper than the average price in Palm Coast. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $605,384 it is 195 % 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 $152 / sq.feet followed by "Condo" priced at $1,704 / sq.feet. "House" is the most costly type of property with a $6,695 / sq.feet cost followed by "Villa" with an average price of $5,085 / sq.feet.