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 September, the average price per sq.feet was $175. In the following month the price per sq.feet decreased to $162. In the following two months the price per sq.feet has increased 109 %, going from $168.5 to $184.5 per sq.feet. The price per sq.feet has had a considerable increase of 256 % 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 $176.5 to $451 during January, and February.
Based upon to the price in Plantation (cities), this has gone up considerably in the last 6 months. The average price for September is $361,018. During October the price had a slight fall till $330,698. During the following two months (November, December) the average price had a considerable increase of 136 % 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 136 % 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 $570,859 they are 80 % more affordable than the average price for Plantation. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 3 bedrooms priced at $347,009.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $134 / sq.feet, with an average $709 / sq.feet price in Plantation. The properties with the lowest average prices have 4 bedrooms. They are 72 % cheaper than the average followed by properties with 3 bedrooms with a price at $177 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $570,859 it is 69 % cheaper than the average price in Plantation. "Office" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $677,601 it is 54 % 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 $158 / sq.feet followed by "House" priced at $212 / sq.feet. "Villa" is the most costly type of property with a $2,667 / sq.feet cost followed by "Office" with an average price of $1,736 / sq.feet.