The prices in real estate in Alice, 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 Alice has increased during the last 6 months. In March, the average price per sq.feet was $128. In April this price pretty much remained the same at a value of $129 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $128.5 to $142 per sq.feet. The price per sq.feet has increased 109 % 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 $135.25 to $147 during July, and August.
Based upon to the price in Alice (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $221,732. In April This price remains at $215,320. During the following two months (May, June) 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 gone up 113 % 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 $292,712 they are 32 % more affordable than the average price for Alice. The properties with the highest average price have 1 bedroom, Their price is 109 % more costly than the average. After that we have properties with 4 bedrooms priced at $503,959.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $131 / sq.feet, with an average $149 / sq.feet price in Alice. The properties with the highest average prices have 1 bedroom. They are 213 % more expensive than the average followed by properties with 4 bedrooms with a price at $172 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $292,712 it is 29 % cheaper than the average price in Alice. "Commercial" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $303,264 it is 303 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $138 / sq.feet followed by "House" priced at $142 / sq.feet. "Land" is the most costly type of property with a $19,645 / sq.feet cost followed by "Farm" with an average price of $700 / sq.feet.