The prices in real estate in Blanco, 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 Blanco has increased strongly during the last 6 months. In February, the average price per sq.feet was $201. In the following month the price per sq.feet increased considerably to $246. The price for the following two months in (April, May) had a considerable decrease of 42 with regard to the prior two months. The price per sq.feet has had a considerable increase of 739 % 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 $158.25 to $1,169 during June, and July.
Based upon to the price in Blanco (cities), this has gone up in the last 6 months. The average price during our first sample month during February, is $779,842. During March the price went through a considerable rise reaching $923,780. During the following two months (April, May) the average price had a considerable reduction of 22 % 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 299 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $2,367,922 they are 78 % more affordable than the average price for Blanco. The properties with the lowest average price have 1 bedroom, Their price is 78 % cheaper than the average. After that we have properties with 2 bedrooms priced at $524,455.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $210 / sq.feet, with an average $1,903 / sq.feet price in Blanco. The properties with the lowest average prices have 1 bedroom. They are 88 % cheaper than the average followed by properties with 2 bedrooms with a price at $215 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $2,367,922 it is 87 % cheaper than the average price in Blanco. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $339,141 it is 78 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $160 / sq.feet followed by "Condo" priced at $167 / sq.feet. "House" is the cheapest type of property with a $210 / sq.feet value followed by "Condo" with an average price of $167 / sq.feet.