The prices in real estate in Alice, in the Texas 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 Alice has increased strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $944. The price for the following two months in (May, June) had a considerable increment of 513 %. The price per sq.feet has had a considerable increase of 201 % 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 $1,447.25 to $2,904 during July, and August.
Based upon to the price in Alice (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $240,856. During the following two months (May, June) the average price had a considerable increase of 2159 % 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 237 % 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 $2,032,111 they are 98 % more affordable than the average price for Alice. The properties with the lowest average price have 4 bedrooms, Their price is 88 % cheaper than the average. After that we have properties with 3 bedrooms priced at $111,067.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $46 / sq.feet, with an average $1,590 / sq.feet price in Alice. The properties with the lowest average prices have 4 bedrooms. They are 95 % cheaper than the average followed by properties with 1 bedroom with a price at $62 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $2,032,111 it is 97 % cheaper than the average price in Alice. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $66,081 it is 93 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $22 / sq.feet followed by "Land" priced at $57 / sq.feet. "Land" is the cheapest type of property with a $57 / sq.feet value followed by "House" with an average price of $22 / sq.feet.