The prices in real estate in Cedar Creek, in the Texas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cedar Creek has remained the same in the last 6 months. In January, the average price per sq.feet was $156. In the following month the price per sq.feet decreased considerably to $128. In the following two months the price per sq.feet has barely changed, going from $142 to $144 per sq.feet. The price per sq.feet has had a considerable increase of 134 % 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 $143 to $192 during May, and June.
Based upon to the price in Cedar Creek (cities), this has gone up considerably in the last 6 months. The average price for January is $335,471. During February the price had a considerable reduction till $249,692. During the following two months (March, April) the price has had an average incrementation from $292,581.5 to $319,737. Based on an analysis of the first four prices and the last two months the average price has risen strongly 179 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $549,128 they are 58 % more affordable than the average price for Cedar Creek. The properties with the lowest average price have 1 bedroom, Their price is 27 % cheaper than the average. After that we have properties with 4 bedrooms priced at $358,348.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $203 / sq.feet price in Cedar Creek. The properties with the lowest average prices have 1 bedroom. They are 23 % cheaper than the average followed by properties with 3 bedrooms with a price at $149 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $549,128 it is 57 % cheaper than the average price in Cedar Creek. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $237,034 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $147 / sq.feet followed by "Townhouse" priced at $189 / sq.feet. "Townhouse" is the cheapest type of property with a $189 / sq.feet value followed by "House" with an average price of $147 / sq.feet.