The prices in real estate in Dumas, 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 Dumas has increased strongly during the last 6 months. In October, the average price per sq.feet was $123. In the following month the price per sq.feet increased considerably to $472. The price for the following two months in (December, January) had a considerable increment of 316 %. The price per sq.feet has had a considerable increase of 319 % 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 $618.75 to $1,973.5 during February, and March.
Based upon to the price in Dumas (cities), this has gone downing the last 6 months. The average price for October is $270,558. During November the price had a slight fall till $240,020. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $247,089.25 and $243,086.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $225,720 they are 29 % more affordable than the average price for Dumas. The properties with the highest average price have 3 bedrooms, Their price is 406 % more costly than the average. After that we have properties with 1 bedroom priced at $164,035.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $30 / sq.feet, with an average $3,819 / sq.feet price in Dumas. The properties with the lowest average prices have 3 bedrooms. They are 68 % cheaper than the average followed by properties with 1 bedroom with a price at $55 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $225,720 it is 29 % cheaper than the average price in Dumas. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $159,970 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $29 / sq.feet followed by "House" priced at $30 / sq.feet. "House" is the cheapest type of property with a $30 / sq.feet value followed by "Townhouse" with an average price of $29 / sq.feet.