Property prices for sale in Bonham (Texas)
The prices in real estate in Bonham, 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 Bonham has increased strongly during the last 6 months. In October, the average price per sq.feet was $179. In the following month the price per sq.feet decreased to $167. In the following two months the price per sq.feet has barely changed, going from $173 to $170 per sq.feet. The price per sq.feet has had a considerable increase of 253 % 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 $171.5 to $434 during February, and March.
Based upon to the price in Bonham (cities), these have remained the same in the last 6 months. The average price for October is $297,919. During November the price had a slight fall till $273,405. In the following two months the average price has remained the same with regard to the previous two months from $285,662 to $280,289.5. 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 $282,975.75 and $294,164.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $313,963 they are 44 % more affordable than the average price for Bonham. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $273,354.
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 $698 / sq.feet price in Bonham. The properties with the lowest average prices have 2 bedrooms. They are 75 % cheaper than the average followed by properties with 3 bedrooms with a price at $175 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $313,963 it is 5 % cheaper than the average price in Bonham. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $367,559 it is 107 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $175 / sq.feet followed by "Detached House" priced at $177 / sq.feet. "Land" is the most costly type of property with a $44,296 / sq.feet cost followed by "Condo" with an average price of $198 / sq.feet.
