The prices in real estate in Burnet, 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 Burnet has increased during the last 6 months. In October, the average price per sq.feet was $308. In the following month the price per sq.feet increased to $335. In the following two months the price per sq.feet has increased 108 %, going from $321.5 to $346.5 per sq.feet. The price per sq.feet has increased 107 % 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 $334 to $357.5 during February, and March.
Based upon to the price in Burnet (cities), this has gone up in the last 6 months. The average price for October is $649,394. During November the price had a slight fall till $590,860. During the following two months (December, January) the price has had an average incrementation from $620,127 to $675,581.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % 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 $835,786 they are 40 % more affordable than the average price for Burnet. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $660,973.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $304 / sq.feet, with an average $363 / sq.feet price in Burnet. The properties with the highest average prices have 1 bedroom. They are 75 % more expensive than the average followed by properties with 2 bedrooms with a price at $342 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $835,786 it is 65 % cheaper than the average price in Burnet. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Detached House". At a price of $1,435,291 it is 342 % 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 $333 / sq.feet followed by "Commercial" priced at $388 / sq.feet. "Land" is the most costly type of property with a $80,228 / sq.feet cost followed by "Detached House" with an average price of $468 / sq.feet.