The prices in real estate in Boerne, 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 Boerne has increased strongly during the last 6 months. In November, the average price per sq.feet was $199. In December this price pretty much remained the same at a value of $206 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $202.5 to $223 per sq.feet. The price per sq.feet has had a considerable increase of 159 % 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 $212.75 to $338.5 during March, and April.
Based upon to the price in Boerne (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $598,842. In December This price remains at $612,004. During the following two months (January, February) the price has had an average incrementation from $605,423 to $657,345.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 138 % 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 $1,082,036 they are 67 % more affordable than the average price for Boerne. The properties with the highest average price have 2 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 4 bedrooms priced at $416,304.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $137 / sq.feet, with an average $417 / sq.feet price in Boerne. The properties with the highest average prices have 2 bedrooms. They are 63 % more expensive than the average followed by properties with 3 bedrooms with a price at $160 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $1,082,036 it is 68 % cheaper than the average price in Boerne. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $375,683 it is 65 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $95 / sq.feet followed by "Townhouse" priced at $114 / sq.feet. "Apartment" is the cheapest type of property with a $140 / sq.feet value followed by "House" with an average price of $131 / sq.feet.