The prices in real estate in Plantation, 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 Plantation has increased strongly during the last 6 months. In May, the average price per sq.feet was $220. In the following month the price per sq.feet increased considerably to $1,314. The price for the following two months in (July, August) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 36 % 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 $490.75 to $179 during September, and October.
Based upon to the price in Plantation (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during May, is $630,850. During June the price went through a considerable rise reaching $819,675. During the following two months (July, August) the average price had a considerable reduction of 61 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $582,466 to $345,823, which means a 59 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $400,232 they are 76 % more affordable than the average price for Plantation. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $376,912.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $118 / sq.feet, with an average $193 / sq.feet price in Plantation. The properties with the highest average prices have 4 bedrooms. They are 4 % more expensive than the average followed by properties with 3 bedrooms with a price at $199 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $400,232 it is 63 % cheaper than the average price in Plantation. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Commercial". At a price of $597,556 it is 88 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $13 / sq.feet followed by "Condo" priced at $139 / sq.feet. "Villa" is the most costly type of property with a $2,792 / sq.feet cost followed by "Commercial" with an average price of $1,720 / sq.feet.