The prices in real estate in College Station, 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 College Station has increased strongly during the last 6 months. In October, the average price per sq.feet was $141. In November this price pretty much remained the same at a value of $145 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $143 to $146.5 per sq.feet. The price per sq.feet has had a considerable increase of 780 % 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 $144.75 to $1,128.5 during February, and March.
Based upon to the price in College Station (cities), this has gone up considerably in the last 6 months. The price in October is $278,307, rising in November till $312,618. During the following two months (December, January) the price has had an average incrementation from $295,462.5 to $318,042.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % 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 $376,688 they are 77 % more affordable than the average price for College Station. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $244,813.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $127 / sq.feet, with an average $2,101 / sq.feet price in College Station. The properties with the lowest average prices have 3 bedrooms. They are 93 % cheaper than the average followed by properties with 4 bedrooms with a price at $145 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $376,688 it is 55 % cheaper than the average price in College Station. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Apartment". At a price of $328,957 it is 11 % 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 $125 / sq.feet followed by "Condo" priced at $131 / sq.feet. "Apartment" is the cheapest type of property with a $147 / sq.feet value followed by "Duplex" with an average price of $133 / sq.feet.