Property prices for sale in Dripping Springs (Texas)
The prices in real estate in Dripping Springs, in the Texas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Dripping Springs has increased during the last 6 months. In October, the average price per sq.feet was $349. In the following month the price per sq.feet increased considerably to $448. In the following two months the price per sq.feet has barely changed, going from $398.5 to $406 per sq.feet. The price per sq.feet has decreased 90 % 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 $402.25 to $363.5 during February, and March.
Based upon to the price in Dripping Springs (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $986,614. During November the price went through a considerable rise reaching $1,237,088. In the following two months the average price has remained the same with regard to the previous two months from $1,111,851 to $1,136,086.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,123,968.75 and $1,102,620 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $1,093,235 they are 38 % more affordable than the average price for Dripping Springs. The properties with the highest average price have 2 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 1 bedroom priced at $1,263,333.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $308 / sq.feet, with an average $356 / sq.feet price in Dripping Springs. The properties with the highest average prices have 1 bedroom. They are 756 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,064 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,093,235 it is 44 % cheaper than the average price in Dripping Springs. "House" is seen as the second most affordable property type. The dearest property type is "Ranch" followed by "Land". At a price of $1,589,477 it is 103 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $296 / sq.feet followed by "House" priced at $322 / sq.feet. "Land" is the most costly type of property with a $122,833 / sq.feet cost followed by "Ranch" with an average price of $617 / sq.feet.
