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 $556. In the following month the price per sq.feet increased considerably to $2,181. The price for the following two months in (May, June) had a considerable increment of 145 %. The price per sq.feet has increased 114 % 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 $1,679 to $1,913 during July, and August.
Based upon to the price in Parkland (cities), this has gone downing the last 6 months. The average price for March is $1,449,059. During April the price had a slight fall till $1,301,735. In the following two months the average price has remained the same with regard to the previous two months from $1,375,397 to $1,369,777. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,372,587 and $1,396,633.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,367,888 they are 56 % more affordable than the average price for Parkland. The properties with the lowest average price have 1 bedroom, Their price is 43 % cheaper than the average. After that we have properties with 4 bedrooms priced at $773,466.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $182 / sq.feet, with an average $1,638 / sq.feet price in Parkland. The properties with the lowest average prices have 3 bedrooms. They are 85 % cheaper than the average followed by properties with 1 bedroom with a price at $239 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,367,888 it is 49 % cheaper than the average price in Parkland. "Villa" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Villa". At a price of $855,951 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $190 / sq.feet followed by "House" priced at $237 / sq.feet. "Villa" is the most costly type of property with a $2,623 / sq.feet cost followed by "House" with an average price of $237 / sq.feet.