The prices in real estate in Channelview, 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 Channelview has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $118. In January this price pretty much remained the same at a value of $119 per sq.feet. The price for the following two months in (February, March) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable increase of 121 % 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 $79.5 to $96 during April, and May.
Based upon to the price in Channelview (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $177,824. In January This price remains at $181,295. During the following two months (February, March) the average price had a considerable reduction of 48 % 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 141 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 4 % cheaper than the average price of $180,750 in Channelview. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 4 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 21 % more costly than the average price of ($116 / sq.feet) in Channelview. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 21 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $187,634 it is 4 % cheaper than the average price in Channelview. "Land" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Land". At a price of $224,147 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $116 / sq.feet followed by "Land" priced at $1,541 / sq.feet. "Apartment" is the most costly type of property with a $1,563 / sq.feet cost followed by "Land" with an average price of $1,541 / sq.feet.