Property prices for sale in Cedar Creek (Texas)
The prices in real estate in Cedar Creek, 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 Cedar Creek has increased strongly during the last 6 months. In October, the average price per sq.feet was $260. In November this price pretty much remained the same at a value of $252 per sq.feet. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 469 % 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 $248.25 to $1,164 during February, and March.
Based upon to the price in Cedar Creek (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $572,692. In November This price remains at $592,641. In the following two months the average price has remained the same with regard to the previous two months from $582,666.5 to $571,294. 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 $576,980.25 and $556,863.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $560,729 they are 37 % more affordable than the average price for Cedar Creek. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $444,128.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $226 / sq.feet, with an average $2,081 / sq.feet price in Cedar Creek. The properties with the lowest average prices have 2 bedrooms. They are 39 % cheaper than the average followed by properties with 1 bedroom with a price at $302 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $560,729 it is 4 % cheaper than the average price in Cedar Creek. "Land" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Land". At a price of $654,344 it is 41 % 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 $235 / sq.feet followed by "Commercial" priced at $491 / sq.feet. "Land" is the most costly type of property with a $57,710 / sq.feet cost followed by "Commercial" with an average price of $491 / sq.feet.
