The prices in real estate in Polk City, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Polk City has remained the same in the last 6 months. In February, the average price per sq.feet was $235. In the following month the price per sq.feet decreased to $221. In the following two months the price per sq.feet has barely changed, going from $228 to $237.5 per sq.feet. The price per sq.feet has increased 107 % 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 $232.75 to $249.5 during June, and July.
Based upon to the price in Polk City (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $345,677. In March This price remains at $338,237. During the following two months (April, May) the price has had an average incrementation from $341,957 to $368,658. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $394,621 they are 45 % more affordable than the average price for Polk City. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $462,083.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $211 / sq.feet, with an average $243 / sq.feet price in Polk City. The properties with the highest average prices have 1 bedroom. They are 68 % more expensive than the average followed by properties with 3 bedrooms with a price at $268 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $394,621 it is 17 % cheaper than the average price in Polk City. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $416,541 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $245 / sq.feet followed by "Villa" priced at $1,310 / sq.feet. "Land" is the most costly type of property with a $12,973 / sq.feet cost followed by "Villa" with an average price of $1,310 / sq.feet.