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 October, the average price per sq.feet was $192. In November this price pretty much remained the same at a value of $197 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $194.5 to $218 per sq.feet. The price per sq.feet has had a considerable increase of 120 % 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 $206.25 to $248 during February, and March.
Based upon to the price in Vero Beach (cities), this has gone up considerably in the last 6 months. The price in October is $367,876, rising in November till $401,378. During the following two months (December, January) the average price had a considerable increase of 124 % 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 risen strongly 132 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $486,212 they are 80 % more affordable than the average price for Vero Beach. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 2 bedrooms priced at $449,091.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $131 / sq.feet, with an average $227 / sq.feet price in Vero Beach. The properties with the highest average prices have 2 bedrooms. They are 52 % more expensive than the average followed by properties with 4 bedrooms with a price at $229 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $486,212 it is 44 % cheaper than the average price in Vero Beach. "Commercial" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of $1,202,278 it is 168 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $60 / sq.feet followed by "Commercial" priced at $154 / sq.feet. "Villa" is the most costly type of property with a $4,031 / sq.feet cost followed by "House" with an average price of $241 / sq.feet.
