The prices in real estate in Satellite Beach, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Satellite Beach has remained the same in the last 6 months. In June, the average price per sq.feet was $255. In the following month the price per sq.feet increased to $274. The price for the following two months in (August, September) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $256.25 to $238.5 during October, and November.
Based upon to the price in Satellite Beach (cities), this has fallen considerably in the last 6 months. The price in June is $697,406, rising in July till $755,611. During the following two months (August, September) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $647,399 to $413,784.5, which means a 64 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $390,935 they are 44 % more affordable than the average price for Satellite Beach. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $383,031.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $207 / sq.feet, with an average $231 / sq.feet price in Satellite Beach. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $249 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $390,935 it is 20 % cheaper than the average price in Satellite Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $486,767 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $183 / sq.feet followed by "Duplex" priced at $187 / sq.feet. "House" is the most costly type of property with a $252 / sq.feet cost followed by "Apartment" with an average price of $203 / sq.feet.