The prices in real estate in Pompano Beach, in the Florida region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Pompano Beach has fallen in the last 6 months. In October, the average price per sq.feet was $265. In the following month the price per sq.feet decreased to $239. In the following two months the price per sq.feet has barely changed, going from $252 to $252 per sq.feet. The price per sq.feet has decreased 93 % 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 $252 to $234 during February, and March.
Based upon to the price in Pompano Beach (cities), this has gone downing the last 6 months. The average price for October is $345,758. During November the price had a slight fall till $301,464. During the following two months (December, January) the price has had an average incrementation from $323,611 to $349,660.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $336,635.75 to $304,615.5 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 $324,115 they are 51 % more affordable than the average price for Pompano Beach. The properties with the highest average price have 4 bedrooms, Their price is 106 % more costly than the average. After that we have properties with 3 bedrooms priced at $457,326.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $220 / sq.feet, with an average $244 / sq.feet price in Pompano Beach. The properties with the highest average prices have 4 bedrooms. They are 12 % more expensive than the average followed by properties with 3 bedrooms with a price at $252 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $324,115 it is 12 % cheaper than the average price in Pompano Beach. "Commercial" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Townhouse". At a price of $758,900 it is 222 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $142 / sq.feet followed by "Condo" priced at $243 / sq.feet. "Villa" is the most costly type of property with a $5,270 / sq.feet cost followed by "Townhouse" with an average price of $1,903 / sq.feet.