The prices in real estate in Brenham, 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 Brenham has increased strongly during the last 6 months. In May, the average price per sq.feet was $163. In June this price pretty much remained the same at a value of $167 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 184 %. The price per sq.feet has had a considerable deflation of 64 % 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 $234 to $150.5 during September, and October.
Based upon to the price in Brenham (cities), this has gone downing the last 6 months. In our first sample month during May, the average price is $371,034. In June This price remains at $361,953. In the following two months the average price has remained the same with regard to the previous two months from $366,493.5 to $371,973. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $369,233.25 to $327,582.5 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $322,859 they are 14 % more affordable than the average price for Brenham. The properties with the highest average price have 2 bedrooms, Their price is 218 % more costly than the average. After that we have properties with 4 bedrooms priced at $533,704.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $130 / sq.feet, with an average $146 / sq.feet price in Brenham. The properties with the highest average prices have 2 bedrooms. They are 230 % more expensive than the average followed by properties with 3 bedrooms with a price at $180 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $322,859 it is 15 % cheaper than the average price in Brenham. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $290,912 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $117 / sq.feet followed by "Townhouse" priced at $120 / sq.feet. "Apartment" is the cheapest type of property with a $131 / sq.feet value followed by "House" with an average price of $126 / sq.feet.