The prices in real estate in Driftwood, in the Texas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Driftwood has remained the same in the last 6 months. In April, the average price per sq.feet was $411. In the following month the price per sq.feet increased to $450. In the following two months the price per sq.feet has barely changed, going from $430.5 to $412 per sq.feet. The price per sq.feet has decreased 95 % 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 $421.25 to $399.5 during August, and September.
Based upon to the price in Driftwood (cities), this has gone up in the last 6 months. The average price during our first sample month during April, is $1,259,706. During May the price went through a considerable rise reaching $1,537,586. During the following two months (June, July) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $1,361,244 to $1,275,640.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,297,959 they are 57 % more affordable than the average price for Driftwood. The properties with the lowest average price have 1 bedroom, Their price is 50 % cheaper than the average. After that we have properties with 2 bedrooms priced at $556,387.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $129 / sq.feet, with an average $411 / sq.feet price in Driftwood. The properties with the highest average prices have 1 bedroom. They are 101 % more expensive than the average followed by properties with 2 bedrooms with a price at $129 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,297,959 it is 61 % cheaper than the average price in Driftwood. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $503,713 it is 57 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $102 / sq.feet followed by "House" priced at $129 / sq.feet. "House" is the cheapest type of property with a $129 / sq.feet value followed by "Apartment" with an average price of $102 / sq.feet.