The prices in real estate in Dallas, in the Texas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Dallas has increased during the last 6 months. In December, the average price per sq.feet was $238. In the following month the price per sq.feet decreased to $218. In the following two months the price per sq.feet has increased 112 %, going from $228 to $256 per sq.feet. The price per sq.feet has had a considerable increase of 118 % 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 $242 to $284.5 during April, and May.
Based upon to the price in Dallas (cities), this has gone up in the last 6 months. The average price for December is $666,143. During January the price had a considerable reduction till $527,050. During the following two months (February, March) the average price had a considerable increase of 127 % 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 124 % 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 $1,027,602 they are 68 % more affordable than the average price for Dallas. The properties with the highest average price have 1 bedroom, Their price is 22 % more costly than the average. After that we have properties with 4 bedrooms priced at $493,536.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $170 / sq.feet, with an average $306 / sq.feet price in Dallas. The properties with the highest average prices have 1 bedroom. They are 642 % more expensive than the average followed by properties with 2 bedrooms with a price at $240 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,027,602 it is 58 % cheaper than the average price in Dallas. "Villa" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $792,561 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $217 / sq.feet followed by "Villa" priced at $222 / sq.feet. "Condo" is the most costly type of property with a $375 / sq.feet cost followed by "House" with an average price of $291 / sq.feet.