The prices in real estate in Big Spring, 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 Big Spring has increased during the last 6 months. In March, the average price per sq.feet was $79. In April this price pretty much remained the same at a value of $77 per sq.feet. The price for the following two months in (May, June) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 143 % 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 $74.75 to $107 during July, and August.
Based upon to the price in Big Spring (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $95,625. During April the price went through a considerable rise reaching $114,367. During the following two months (May, June) the price has had an average incrementation from $104,996 to $116,696. Based on an analysis of the first four prices and the last two months the average price has risen strongly 143 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $202,130 they are 73 % more affordable than the average price for Big Spring. The properties with the lowest average price have 2 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 1 bedroom priced at $127,699.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $77 / sq.feet, with an average $132 / sq.feet price in Big Spring. The properties with the highest average prices have 1 bedroom. They are 8252 % more expensive than the average followed by properties with 4 bedrooms with a price at $135 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $202,130 it is 73 % cheaper than the average price in Big Spring. "Office" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "House". At a price of $54,576 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $59 / sq.feet followed by "House" priced at $135 / sq.feet. "House" is the most costly type of property with a $135 / sq.feet cost followed by "Office" with an average price of $59 / sq.feet.