The prices in real estate in Fort Worth, 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 Fort Worth has increased strongly during the last 6 months. In April, the average price per sq.feet was $133. In the following month the price per sq.feet increased considerably to $183. In the following two months the price per sq.feet has barely changed, going from $158 to $151.5 per sq.feet. The price per sq.feet has decreased 93 % 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 $154.75 to $144 during August, and September.
Based upon to the price in Fort Worth (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $248,784. During May the price went through a considerable rise reaching $297,158. During the following two months (June, July) the average price had a considerable increase of 134 % 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 $319,751.25 and $314,315.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $319,410 they are 32 % more affordable than the average price for Fort Worth. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 2 bedrooms priced at $267,218.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $144 / sq.feet price in Fort Worth. The properties with the highest average prices have 4 bedrooms. They are 203 % more expensive than the average followed by properties with 1 bedroom 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 $319,410 it is 61 % cheaper than the average price in Fort Worth. "Villa" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $327,307 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $110 / sq.feet followed by "Villa" priced at $117 / sq.feet. "Land" is the most costly type of property with a $420 / sq.feet cost followed by "House" with an average price of $296 / sq.feet.