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 $142. In the following month the price per sq.feet increased to $154. The price for the following two months in (December, January) had a considerable increment of 124 %. The price per sq.feet has decreased 94 % 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 $165.5 to $155 during February, and March.
Based upon to the price in Emory (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $163,525. In November This price remains at $158,417. During the following two months (December, January) the average price had a considerable increase of 195 % 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 152 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $346,525 they are 16 % more affordable than the average price for Emory. The properties with the highest average price have 4 bedrooms, Their price is 75 % more costly than the average. After that we have properties with 1 bedroom priced at $290,339.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $132 / sq.feet, with an average $141 / sq.feet price in Emory. The properties with the lowest average prices have 4 bedrooms. They are 4 % cheaper than the average followed by properties with 1 bedroom with a price at $132 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $346,525 it is 30 % cheaper than the average price in Emory. "Farm" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $241,540 it is 189 % 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 $136 / sq.feet followed by "Farm" priced at $227 / sq.feet. "Farm" is the most costly type of property with a $227 / sq.feet cost followed by "House" with an average price of $136 / sq.feet.