Property prices for sale in Riviera Beach (Florida)
The prices in real estate in Riviera Beach, 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 Riviera Beach has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,763. In November this price pretty much remained the same at a value of $1,787 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $1,775 to $1,925.5 per sq.feet. The price per sq.feet has had a considerable increase of 139 % 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 $1,850.25 to $2,564 during February, and March.
Based upon to the price in Riviera Beach (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $660,482. In November This price remains at $631,574. During the following two months (December, January) the price has had an average incrementation from $646,028 to $724,708.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $903,090 they are 33 % more affordable than the average price for Riviera Beach. The properties with the highest average price have 4 bedrooms, Their price is 109 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,285,694.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $516 / sq.feet, with an average $3,307 / sq.feet price in Riviera Beach. The properties with the lowest average prices have 1 bedroom. They are 78 % cheaper than the average followed by properties with 4 bedrooms with a price at $613 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $903,090 it is 62 % cheaper than the average price in Riviera Beach. "Villa" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $1,000,433 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $241 / sq.feet followed by "Condo" priced at $608 / sq.feet. "Villa" is the most costly type of property with a $3,906 / sq.feet cost followed by "House" with an average price of $3,773 / sq.feet.
