The prices in real estate in Blanco, 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 Blanco has increased during the last 6 months. In January, the average price per sq.feet was $227. In the following month the price per sq.feet increased considerably to $318. In the following two months the price per sq.feet has barely changed, going from $272.5 to $277 per sq.feet. The price per sq.feet has had a considerable deflation of 75 % 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 $274.75 to $207 during May, and June.
Based upon to the price in Blanco (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $530,796. During February the price went through a considerable rise reaching $840,171. In the following two months the average price has remained the same with regard to the previous two months from $685,483.5 to $654,238. During the last two months the average price has had a strong fall compared to the previous four going from $669,860.75 to $488,333, which means a 73 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $539,320 they are 36 % more affordable than the average price for Blanco. The properties with the lowest average price have 3 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 1 bedroom priced at $464,252.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $181 / sq.feet, with an average $219 / sq.feet price in Blanco. The properties with the highest average prices have 3 bedrooms. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $187 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $539,320 it is 42 % 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 $343,243 it is 2 % 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 $172 / sq.feet followed by "Condo" priced at $179 / sq.feet. "House" is the most costly type of property with a $222 / sq.feet cost followed by "Condo" with an average price of $179 / sq.feet.