Property prices for sale in Emory (Texas)
The prices in real estate in Emory, 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 Emory has increased strongly during the last 6 months. In October, the average price per sq.feet was $224. In November this price pretty much remained the same at a value of $235 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $229.5 to $241 per sq.feet. The price per sq.feet has had a considerable increase of 273 % 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 $235.25 to $643 during February, and March.
Based upon to the price in Emory (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $484,680. In November This price remains at $500,260. In the following two months the average price has remained the same with regard to the previous two months from $492,470 to $490,939. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $491,704.5 to $451,258.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $412,201 they are 32 % more affordable than the average price for Emory. The properties with the highest average price have 4 bedrooms, Their price is 83 % more costly than the average. After that we have properties with 3 bedrooms priced at $461,524.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $228 / sq.feet, with an average $1,006 / sq.feet price in Emory. The properties with the lowest average prices have 1 bedroom. They are 72 % cheaper than the average followed by properties with 4 bedrooms with a price at $257 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $412,201 it is 26 % cheaper than the average price in Emory. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $304,288 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $230 / sq.feet followed by "Land" priced at $131,769 / sq.feet. "Land" is the most costly type of property with a $131,769 / sq.feet cost followed by "House" with an average price of $230 / sq.feet.
