The prices in real estate in Riverview, 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 Riverview has increased strongly during the last 6 months. In December, the average price per sq.feet was $117. In January this price pretty much remained the same at a value of $114 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $115.5 to $118.5 per sq.feet. The price per sq.feet has had a considerable increase of 171 % 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 $117 to $200.5 during April, and May.
Based upon to the price in Riverview (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $253,923. In January This price remains at $244,739. In the following two months the average price has remained the same with regard to the previous two months from $249,331 to $242,641.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % 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 $259,590 they are 75 % more affordable than the average price for Riverview. The properties with the highest average price have 1 bedroom, Their price is 16 % more costly than the average. After that we have properties with 4 bedrooms priced at $286,236.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $62 / sq.feet, with an average $125 / sq.feet price in Riverview. The properties with the highest average prices have 1 bedroom. They are 1014 % more expensive than the average followed by properties with 3 bedrooms with a price at $138 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $259,590 it is 2 % cheaper than the average price in Riverview. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $277,027 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $99 / sq.feet followed by "Condo" priced at $102 / sq.feet. "House" is the cheapest type of property with a $121 / sq.feet value followed by "Condo" with an average price of $102 / sq.feet.