The prices in real estate in Cedar Park, 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 Cedar Park has increased during the last 6 months. In March, the average price per sq.feet was $161. In April this price pretty much remained the same at a value of $163 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $162 to $180.5 per sq.feet. The price per sq.feet has increased 106 % 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 $171.25 to $181 during July, and August.
Based upon to the price in Cedar Park (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $359,873. In April This price remains at $353,611. During the following two months (May, June) the price has had an average incrementation from $356,742 to $409,618.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $449,375 they are 40 % more affordable than the average price for Cedar Park. The properties with the lowest average price have 1 bedroom, Their price is 1 % cheaper than the average. After that we have properties with 4 bedrooms priced at $410,218.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $143 / sq.feet, with an average $180 / sq.feet price in Cedar Park. The properties with the highest average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 3 bedrooms with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $449,375 it is 4 % cheaper than the average price in Cedar Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $503,923 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $125 / sq.feet followed by "Townhouse" priced at $137 / sq.feet. "House" is the cheapest type of property with a $159 / sq.feet value followed by "Apartment" with an average price of $154 / sq.feet.