The prices in real estate in Santa Rosa 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 Santa Rosa Beach has increased strongly during the last 6 months. In February, the average price per sq.feet was $470. In the following month the price per sq.feet increased considerably to $620. In the following two months the price per sq.feet has increased 113 %, going from $545 to $615.5 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $580.25 to $672 during June, and July.
Based upon to the price in Santa Rosa Beach (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $1,108,786. During March the price went through a considerable rise reaching $1,315,869. During the following two months (April, May) the price has had an average incrementation from $1,212,327.5 to $1,331,735.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % 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 $1,532,013 they are 58 % more affordable than the average price for Santa Rosa Beach. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $946,412.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $540 / sq.feet, with an average $642 / sq.feet price in Santa Rosa Beach. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $716 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,532,013 it is 65 % cheaper than the average price in Santa Rosa Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $1,570,604 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $260 / sq.feet followed by "Townhouse" priced at $436 / sq.feet. "Land" is the most costly type of property with a $1,669,943 / sq.feet cost followed by "Condo" with an average price of $748 / sq.feet.