The prices in real estate in Corpus Christi, 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 Corpus Christi has increased strongly during the last 6 months. In February, the average price per sq.feet was $195. In the following month the price per sq.feet decreased considerably to $147. The price for the following two months in (April, May) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 599 % 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 $159.5 to $955 during June, and July.
Based upon to the price in Corpus Christi (cities), this has gone up considerably in the last 6 months. The average price for February is $571,693. During March the price had a considerable reduction till $288,734. During the following two months (April, May) the average price had a considerable reduction of 68 % 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 472 % 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 $3,125,377 they are 96 % more affordable than the average price for Corpus Christi. The properties with the lowest average price have 4 bedrooms, Their price is 90 % cheaper than the average. After that we have properties with 3 bedrooms priced at $237,083.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $131 / sq.feet, with an average $1,761 / sq.feet price in Corpus Christi. The properties with the lowest average prices have 1 bedroom. They are 89 % cheaper than the average followed by properties with 3 bedrooms with a price at $146 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $3,125,377 it is 94 % cheaper than the average price in Corpus Christi. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $9,806,311 it is 412 % 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 $104 / sq.feet followed by "Townhouse" priced at $246 / sq.feet. "Commercial" is the most costly type of property with a $146,903 / sq.feet cost followed by "Condo" with an average price of $13,816 / sq.feet.