The prices in real estate in Alvarado, 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 Alvarado has increased during the last 6 months. In April, the average price per sq.feet was $117. In May this price pretty much remained the same at a value of $116 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $116.5 to $117 per sq.feet. The price per sq.feet has had a considerable increase of 119 % 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 $116.75 to $139 during August, and September.
Based upon to the price in Alvarado (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is $245,444. In May This price remains at $237,081. During the following two months (June, July) the price has had an average incrementation from $241,262.5 to $261,858. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % 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 $321,357 they are 70 % more affordable than the average price for Alvarado. The properties with the highest average price have 3 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 4 bedrooms priced at $306,451.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $110 / sq.feet, with an average $135 / sq.feet price in Alvarado. The properties with the highest average prices have 3 bedrooms. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $143 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $321,357 it is 27 % cheaper than the average price in Alvarado. "House" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $272,642 it is 407 % 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 $75 / sq.feet followed by "House" priced at $131 / sq.feet. "Farm" is the most costly type of property with a $468 / sq.feet cost followed by "House" with an average price of $131 / sq.feet.