The prices in real estate in Bandera, 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 Bandera has increased during the last 6 months. In April, the average price per sq.feet was $190. In May this price pretty much remained the same at a value of $196 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $193 to $192 per sq.feet. The price per sq.feet has had a considerable increase of 118 % 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 $192.5 to $226.5 during August, and September.
Based upon to the price in Bandera (cities), this has gone up in the last 6 months. The average price during our first sample month during April, is $534,893. During May the price went through a considerable rise reaching $676,667. In the following two months the average price has remained the same with regard to the previous two months from $605,780 to $594,271.5. 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 $600,025.75 and $574,265.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $665,581 they are 75 % more affordable than the average price for Bandera. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $260,834.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $123 / sq.feet, with an average $244 / sq.feet price in Bandera. The properties with the highest average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $227 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $665,581 it is 67 % cheaper than the average price in Bandera. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $384,912 it is 83 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $97 / sq.feet followed by "House" priced at $180 / sq.feet. "Commercial" is the cheapest type of property with a $182 / sq.feet value followed by "House" with an average price of $180 / sq.feet.