The prices in real estate in Pinellas Park, 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 Pinellas Park has increased strongly during the last 6 months. In November, the average price per sq.feet was $247. In the following month the price per sq.feet decreased considerably to $141. The price for the following two months in (January, February) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable increase of 339 % 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 $168 to $570 during March, and April.
Based upon to the price in Pinellas Park (cities), this has fallen considerably in the last 6 months. The average price for November is $719,106. During December the price had a considerable reduction till $247,083. During the following two months (January, February) the average price had a considerable reduction of 44 % 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 risen strongly 170 % 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 $578,173 they are 75 % more affordable than the average price for Pinellas Park. The properties with the lowest average price have 4 bedrooms, Their price is 71 % cheaper than the average. After that we have properties with 1 bedroom priced at $142,067.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $114 / sq.feet, with an average $518 / sq.feet price in Pinellas Park. The properties with the highest average prices have 4 bedrooms. They are 256 % more expensive than the average followed by properties with 1 bedroom with a price at $114 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $578,173 it is 71 % cheaper than the average price in Pinellas Park. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Land". At a price of $168,231 it is 71 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $1,824 / sq.feet followed by "Apartment" priced at $1,844 / sq.feet. "Apartment" is the most costly type of property with a $1,844 / sq.feet cost followed by "Land" with an average price of $1,824 / sq.feet.