Property prices for sale in Polk City (Florida)
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 $5,231. In the following month the price per sq.feet decreased considerably to $3,069. The price for the following two months in (December, January) had a considerable increment of 148 %. The price per sq.feet has had a considerable increase of 218 % 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 $5,153 to $11,235 during February, and March.
Based upon to the price in Polk City (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $379,906. During November the price went through a considerable rise reaching $449,775. In the following two months the average price has remained the same with regard to the previous two months from $414,840.5 to $424,980.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $419,910.5 to $390,370.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $342,930 they are 12 % more affordable than the average price for Polk City. The properties with the highest average price have 4 bedrooms, Their price is 67 % more costly than the average. After that we have properties with 3 bedrooms priced at $521,268.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $214 / sq.feet, with an average $16,800 / sq.feet price in Polk City. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $271 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $342,930 it is 62 % cheaper than the average price in Polk City. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $487,356 it is 45 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $203 / sq.feet followed by "House" priced at $290 / sq.feet. "Land" is the most costly type of property with a $42,442 / sq.feet cost followed by "House" with an average price of $290 / sq.feet.
