The prices in real estate in Polk City, 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 Polk City has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $113. The price for the following two months in (December, January) had a considerable increment of 169 %. The price per sq.feet has had a considerable increase of 134 % 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 $76 to $101.5 during February, and March.
Based upon to the price in Polk City (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $204,097. During the following two months (December, January) the average price had a considerable increase of 168 % 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 150 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $223,162 they are 83 % more affordable than the average price for Polk City. The properties with the highest average price have 4 bedrooms, Their price is 138 % more costly than the average. After that we have properties with 3 bedrooms priced at $254,859.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $30 / sq.feet, with an average $106 / sq.feet price in Polk City. The properties with the highest average prices have 3 bedrooms. They are 34 % more expensive than the average followed by properties with 4 bedrooms with a price at $140 / sq.feet.
The graph displaying the average prices displays the property type "Ranch" as the most affordable one. At an cost of $223,162 it is 29 % cheaper than the average price in Polk City. "House" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "House". At a price of $166,251 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $87 / sq.feet followed by "Ranch" priced at $92 / sq.feet. "Office" is the most costly type of property with a $109 / sq.feet cost followed by "Ranch" with an average price of $92 / sq.feet.