The prices in real estate in Copperas Cove, 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 Copperas Cove has increased strongly during the last 6 months. In May, the average price per sq.feet was $81. In the following month the price per sq.feet increased considerably to $94. In the following two months the price per sq.feet has increased 113 %, going from $87.5 to $99 per sq.feet. 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 $93.25 to $112.5 during September, and October.
Based upon to the price in Copperas Cove (cities), these have remained the same in the last 6 months. The average price for May is $196,493. During June the price had a slight fall till $168,748. In the following two months the average price has remained the same with regard to the previous two months from $182,620.5 to $190,270. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % 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 $182,189 they are 69 % more affordable than the average price for Copperas Cove. The properties with the highest average price have 1 bedroom, Their price is 13 % more costly than the average. After that we have properties with 4 bedrooms priced at $199,120.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $49 / sq.feet, with an average $99 / sq.feet price in Copperas Cove. The properties with the lowest average prices have 1 bedroom. They are 6 % cheaper than the average followed by properties with 4 bedrooms with a price at $92 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $182,189 it is 9 % cheaper than the average price in Copperas Cove. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Duplex". At a price of $189,172 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $71 / sq.feet followed by "Duplex" priced at $73 / sq.feet. "Apartment" is the cheapest type of property with a $94 / sq.feet value followed by "House" with an average price of $83 / sq.feet.