The prices in real estate in Ferris, 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 Ferris has increased strongly during the last 6 months. In October, the average price per sq.feet was $186. In the following month the price per sq.feet increased to $210. In the following two months the price per sq.feet has increased 114 %, going from $198 to $226 per sq.feet. The price per sq.feet has had a considerable increase of 3231 % 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 $212 to $6,849 during February, and March.
Based upon to the price in Ferris (cities), these have remained the same in the last 6 months. The price in October is $332,915, rising in November till $356,291. In the following two months the average price has remained the same with regard to the previous two months from $344,603 to $337,361.5. 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 $340,982.25 and $356,574 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 17 % cheaper than the average price of $302,446 in Ferris. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 17 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($65 / sq.feet) in Ferris. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Ferris we can see that the cheapest property type is "House" at a price of $125,279, they are 66 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 66 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $42 / sq.feet. "House" with an average cost of $42 / sq.feet has the lowest price and would be directed at less affluent cities.