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 October, the average price per sq.feet was $369. In the following month the price per sq.feet increased considerably to $460. The price for the following two months in (December, January) had a considerable increment of 159 %. The price per sq.feet has decreased 86 % 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 $536 to $462 during February, and March.
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 October, is $913,840. During November the price went through a considerable rise reaching $1,385,787. In the following two months the average price has remained the same with regard to the previous two months from $1,149,813.5 to $1,106,197. During the last two months the average price has had a strong fall compared to the previous four going from $1,128,005.25 to $931,328.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $935,830 they are 48 % more affordable than the average price for Santa Rosa Beach. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $627,763.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $297 / sq.feet, with an average $446 / sq.feet price in Santa Rosa Beach. The properties with the highest average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $392 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $935,830 it is 62 % cheaper than the average price in Santa Rosa Beach. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $1,065,585 it is 23 % 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 $191 / sq.feet followed by "Apartment" priced at $288 / sq.feet. "Condo" is the most costly type of property with a $520 / sq.feet cost followed by "House" with an average price of $401 / sq.feet.