The prices in real estate in Palm Harbor, 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 Harbor has increased strongly during the last 6 months. In June, the average price per sq.feet was $219. In the following month the price per sq.feet increased considerably to $979. The price for the following two months in (August, September) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % 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 $397.5 to $197.5 during October, and November.
Based upon to the price in Palm Harbor (cities), this has gone up in the last 6 months. In our first sample month during June, the average price is $376,700. In July This price remains at $360,379. During the following two months (August, September) the price has had an average incrementation from $368,539.5 to $413,303. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 19 % cheaper than the average price of $353,497 in Palm Harbor. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 19 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 8 % cheaper than the average price of ($182 / sq.feet) in Palm Harbor. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $438,159 it is 33 % cheaper than the average price in Palm Harbor. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Apartment". At a price of $353,497 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $157 / sq.feet followed by "Townhouse" priced at $158 / sq.feet. "Commercial" is the most costly type of property with a $342 / sq.feet cost followed by "Apartment" with an average price of $182 / sq.feet.