The prices in real estate in Riviera 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 Riviera Beach has fallen in the last 6 months. In November, the average price per sq.feet was $282. In the following month the price per sq.feet decreased to $257. The price for the following two months in (January, February) decreased 91 % with regard to the prior two months. 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 $256.75 to $274 during March, and April.
Based upon to the price in Riviera Beach (cities), this has gone downing the last 6 months. The average price for November is $411,976. During December the price had a slight fall till $358,882. During the following two months (January, February) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % 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 $393,328 they are 17 % more affordable than the average price for Riviera Beach. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $429,608.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $230 / sq.feet, with an average $253 / sq.feet price in Riviera Beach. The properties with the highest average prices have 1 bedroom. They are 45 % more expensive than the average followed by properties with 2 bedrooms with a price at $289 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $393,328 it is 40 % cheaper than the average price in Riviera Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Condo". At a price of $904,125 it is 720 % 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 $166 / sq.feet followed by "House" priced at $191 / sq.feet. "Villa" is the most costly type of property with a $10,341 / sq.feet cost followed by "Condo" with an average price of $484 / sq.feet.