The prices in real estate in Surfside, in the California 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 Surfside has increased strongly during the last 6 months. In January, the average price per sq.feet was $389. In the following month the price per sq.feet increased considerably to $2,448. The price for the following two months in (March, April) had a considerable increment of 162 %. The price per sq.feet has had a considerable deflation of 78 % 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 $1,860.25 to $1,454.5 during May, and June.
Based upon to the price in Surfside (cities), this has gone up in the last 6 months. The average price during our first sample month during January, is $592,897. During February the price went through a considerable rise reaching $943,700. During the following two months (March, April) the average price fell 87 % 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 $719,060.5 to $520,578, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $502,626 they are 69 % more affordable than the average price for Surfside. The properties with the highest average price have 1 bedroom, Their price is 1035 % more costly than the average. After that we have properties with 4 bedrooms priced at $374,904.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $28 / sq.feet, with an average $1,382 / sq.feet price in Surfside. The properties with the highest average prices have 1 bedroom. They are 683 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,285 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $502,626 it is 67 % cheaper than the average price in Surfside. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Villa". At a price of $908,465 it is 403 % 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 $340 / sq.feet followed by "Condo" priced at $742 / sq.feet. "Villa" is the most costly type of property with a $5,222 / sq.feet cost followed by "Attic" with an average price of $1,475 / sq.feet.