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 March, the average price per sq.feet was $2,676. In April this price pretty much remained the same at a value of $2,749 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 125 %. The price per sq.feet has had a considerable increase of 133 % 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 $3,047.5 to $4,061.5 during July, and August.
Based upon to the price in Parkland (cities), this has gone downing the last 6 months. The price in March is $1,403,015, rising in April till $1,489,606. During the following two months (May, June) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $1,373,330 to $1,285,394.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,238,643 they are 81 % more affordable than the average price for Parkland. The properties with the lowest average price have 4 bedrooms, Their price is 13 % cheaper than the average. After that we have properties with 3 bedrooms priced at $706,763.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $276 / sq.feet, with an average $4,149 / sq.feet price in Parkland. The properties with the lowest average prices have 4 bedrooms. They are 91 % cheaper than the average followed by properties with 3 bedrooms with a price at $368 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,238,643 it is 50 % cheaper than the average price in Parkland. "Condo" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $1,157,040 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $399 / sq.feet followed by "House" priced at $419 / sq.feet. "Villa" is the most costly type of property with a $4,203 / sq.feet cost followed by "Townhouse" with an average price of $3,565 / sq.feet.