The prices in real estate in Riviera Beach, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Riviera Beach has increased during the last 6 months. In November, the average price per sq.feet was $387. In the following month the price per sq.feet increased considerably to $459. In the following two months the price per sq.feet has increased 105 %, going from $423 to $446 per sq.feet. The price per sq.feet has decreased 95 % 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 $434.5 to $412 during March, and April.
Based upon to the price in Riviera Beach (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $468,584. During December the price went through a considerable rise reaching $599,062. During the following two months (January, February) the average price had a considerable increase of 120 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $586,819.75 and $600,998.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $634,321 they are 7 % more affordable than the average price for Riviera Beach. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $651,740.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $322 / sq.feet, with an average $421 / sq.feet price in Riviera Beach. The properties with the highest average prices have 1 bedroom. They are 222 % more expensive than the average followed by properties with 2 bedrooms with a price at $459 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $634,321 it is 49 % cheaper than the average price in Riviera Beach. "House" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Apartment". At a price of $862,475 it is 280 % 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 $184 / sq.feet followed by "House" priced at $419 / sq.feet. "Villa" is the most costly type of property with a $10,600 / sq.feet cost followed by "Apartment" with an average price of $5,361 / sq.feet.