The prices in real estate in Sunrise, 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 Sunrise has fallen in the last 6 months. In April, the average price per sq.feet was $207. In the following month the price per sq.feet decreased to $193. The price for the following two months in (June, July) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has increased 108 % 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 $183.5 to $198.5 during August, and September.
Based upon to the price in Sunrise (cities), this has fallen considerably in the last 6 months. The average price for April is $453,341. During May the price had a considerable reduction till $359,903. During the following two months (June, July) the average price had a considerable reduction of 77 % 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 gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $446,113 they are 54 % more affordable than the average price for Sunrise. The properties with the highest average price have 1 bedroom, Their price is 17 % more costly than the average. After that we have properties with 4 bedrooms priced at $485,729.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $177 / sq.feet, with an average $207 / sq.feet price in Sunrise. The properties with the highest average prices have 2 bedrooms. They are 67 % more expensive than the average followed by properties with 3 bedrooms with a price at $241 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $446,113 it is 49 % cheaper than the average price in Sunrise. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $321,984 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $201 / sq.feet followed by "Townhouse" priced at $1,448 / sq.feet. "Apartment" is the most costly type of property with a $2,280 / sq.feet cost followed by "Condo" with an average price of $1,529 / sq.feet.