Property prices for sale in Palmetto (Florida)
The prices in real estate in Palmetto, 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 Palmetto has increased strongly during the last 6 months. In November, the average price per sq.feet was $372. In the following month the price per sq.feet increased considerably to $1,038. The price for the following two months in (January, February) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 139 % 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 $670 to $934 during March, and April.
Based upon to the price in Palmetto (cities), this has gone up considerably in the last 6 months. The price in November is $664,463, rising in December till $762,525. During the following two months (January, February) the price has had an average incrementation from $713,494 to $796,761.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % 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 $955,457 they are 77 % more affordable than the average price for Palmetto. The properties with the lowest average price have 4 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 3 bedrooms priced at $543,691.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $281 / sq.feet, with an average $1,298 / sq.feet price in Palmetto. The properties with the lowest average prices have 1 bedroom. They are 74 % cheaper than the average followed by properties with 4 bedrooms with a price at $322 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $955,457 it is 50 % cheaper than the average price in Palmetto. "Apartment" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Townhouse". At a price of $1,272,334 it is 70 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $284 / sq.feet followed by "House" priced at $306 / sq.feet. "Villa" is the most costly type of property with a $6,382 / sq.feet cost followed by "Townhouse" with an average price of $5,478 / sq.feet.
