The prices in real estate in Burleson, in the Texas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Burleson has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $476. In the following month the price per sq.feet increased considerably to $1,234. The price for the following two months in (October, November) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 33 % 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 $508 to $166.5 during December, and January.
Based upon to the price in Burleson (cities), this has gone up considerably in the last 6 months. In our first sample month during August, the average price is $326,788. In September This price remains at $322,958. During the following two months (October, November) the average price had a considerable increase of 124 % 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 126 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $460,439 they are 50 % more affordable than the average price for Burleson. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 3 bedrooms priced at $312,287.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $133 / sq.feet, with an average $168 / sq.feet price in Burleson. The properties with the highest average prices have 4 bedrooms. They are 255 % more expensive than the average followed by properties with 3 bedrooms with a price at $263 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $460,439 it is 48 % cheaper than the average price in Burleson. "Apartment" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Commercial". At a price of $815,235 it is 224 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $793 / sq.feet followed by "House" priced at $826 / sq.feet. "Commercial" is the most costly type of property with a $5,823 / sq.feet cost followed by "Apartment" with an average price of $962 / sq.feet.