The prices in real estate in Corsicana, 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 Corsicana has increased strongly during the last 6 months. In March, the average price per sq.feet was $94. In the following month the price per sq.feet increased considerably to $644. The price for the following two months in (May, June) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 37 % 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 $280.75 to $104.5 during July, and August.
Based upon to the price in Corsicana (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $275,525. During April the price went through a considerable rise reaching $1,284,623. During the following two months (May, June) the average price had a considerable increase of 156 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $999,609.25 to $213,345, which means a 21 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $229,082 they are 44 % more affordable than the average price for Corsicana. The properties with the highest average price have 4 bedrooms, Their price is 282 % more costly than the average. After that we have properties with 3 bedrooms priced at $320,571.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $105 / sq.feet, with an average $111 / sq.feet price in Corsicana. The properties with the highest average prices have 4 bedrooms. They are 120 % more expensive than the average followed by properties with 1 bedroom with a price at $148 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $229,082 it is 19 % cheaper than the average price in Corsicana. "Commercial" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $228,353 it is 193 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $82 / sq.feet followed by "House" priced at $109 / sq.feet. "Farm" is the most costly type of property with a $308 / sq.feet cost followed by "Condo" with an average price of $130 / sq.feet.