Property prices for sale in Amarillo (Texas)
The prices in real estate in Amarillo, in the Texas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Amarillo has remained the same in the last 6 months. In November, the average price per sq.feet was $169. In the following month the price per sq.feet decreased to $154. In the following two months the price per sq.feet has barely changed, going from $161.5 to $157.5 per sq.feet. The price per sq.feet has increased 107 % 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 $159.5 to $170 during March, and April.
Based upon to the price in Amarillo (cities), these have remained the same in the last 6 months. The average price for November is $380,859. During December the price had a slight fall till $341,654. During the following two months (January, February) the average price fell 94 % 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 120 % 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 $424,618 they are 83 % more affordable than the average price for Amarillo. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $259,640.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $126 / sq.feet, with an average $169 / sq.feet price in Amarillo. The properties with the highest average prices have 4 bedrooms. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $152 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $424,618 it is 70 % cheaper than the average price in Amarillo. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $216,804 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $46 / sq.feet followed by "Villa" priced at $59 / sq.feet. "Land" is the most costly type of property with a $78,241 / sq.feet cost followed by "House" with an average price of $168 / sq.feet.
