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 May, the average price per sq.feet was $765. In the following month the price per sq.feet decreased to $713. The price for the following two months in (July, August) had a considerable increment of 127 %. The price per sq.feet has had a considerable increase of 194 % 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 $839.25 to $1,625 during September, and October.
Based upon to the price in Santa Rosa Beach (cities), this has gone downing the last 6 months. The average price for May is $1,899,155. During June the price had a slight fall till $1,750,326. In the following two months the average price has remained the same with regard to the previous two months from $1,824,740.5 to $1,858,274.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $1,841,507.5 to $1,713,755 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,682,417 they are 61 % more affordable than the average price for Santa Rosa Beach. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,019,469.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $571 / sq.feet, with an average $2,117 / sq.feet price in Santa Rosa Beach. The properties with the lowest average prices have 1 bedroom. They are 56 % cheaper than the average followed by properties with 2 bedrooms with a price at $788 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $1,682,417 it is 69 % cheaper than the average price in Santa Rosa Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $1,767,833 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $245 / sq.feet followed by "Townhouse" priced at $531 / sq.feet. "Land" is the most costly type of property with a $111,777 / sq.feet cost followed by "House" with an average price of $2,147 / sq.feet.