Property prices for sale in Vero Beach (Florida)
The prices in real estate in Vero 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 Vero Beach has increased strongly during the last 6 months. In March, the average price per sq.feet was $1,095. In April this price pretty much remained the same at a value of $1,047 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $1,071 to $1,109.5 per sq.feet. The price per sq.feet has had a considerable increase of 259 % 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 $1,090.25 to $2,827.5 during July, and August.
Based upon to the price in Vero Beach (cities), this has gone up in the last 6 months. The price in March is $712,840, rising in April till $798,697. During the following two months (May, June) the price has had an average incrementation from $755,768.5 to $860,126. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $807,947.25 to $744,176 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $711,340 they are 66 % more affordable than the average price for Vero Beach. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $583,348.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $289 / sq.feet, with an average $3,509 / sq.feet price in Vero Beach. The properties with the lowest average prices have 2 bedrooms. They are 91 % cheaper than the average followed by properties with 1 bedroom with a price at $314 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $711,340 it is 87 % cheaper than the average price in Vero Beach. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of $729,589 it is 114 % 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 $76 / sq.feet followed by "Condo" priced at $367 / sq.feet. "Land" is the most costly type of property with a $702,200 / sq.feet cost followed by "Villa" with an average price of $3,397 / sq.feet.
