The prices in real estate in Parkland, 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 Parkland has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,713. In November this price pretty much remained the same at a value of $1,709 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 123 % 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 $1,884.5 to $2,315 during February, and March.
Based upon to the price in Parkland (cities), this has gone downing the last 6 months. The average price for October is $1,352,940. During November the price had a slight fall till $1,226,877. During the following two months (December, January) the average price fell 94 % 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 gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,403,015 they are 57 % more affordable than the average price for Parkland. The properties with the lowest average price have 1 bedroom, Their price is 3 % cheaper than the average. After that we have properties with 4 bedrooms priced at $757,530.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $202 / sq.feet, with an average $2,676 / sq.feet price in Parkland. The properties with the lowest average prices have 1 bedroom. They are 90 % cheaper than the average followed by properties with 3 bedrooms with a price at $254 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $1,403,015 it is 50 % cheaper than the average price in Parkland. "House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $805,863 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $193 / sq.feet followed by "House" priced at $230 / sq.feet. "Apartment" is the most costly type of property with a $2,768 / sq.feet cost followed by "House" with an average price of $230 / sq.feet.