Property prices for sale in Galveston (Texas)
The prices in real estate in Galveston, in the Texas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Galveston has increased during the last 6 months. In November, the average price per sq.feet was $330. In the following month the price per sq.feet increased to $356. In the following two months the price per sq.feet has barely changed, going from $343 to $355 per sq.feet. The price per sq.feet has increased 111 % 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 $349 to $386.5 during March, and April.
Based upon to the price in Galveston (cities), this has gone up in the last 6 months. The price in November is $493,474, rising in December till $561,480. In the following two months the average price has remained the same with regard to the previous two months from $527,477 to $502,287. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % 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 $731,019 they are 71 % more affordable than the average price for Galveston. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $669,131.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $369 / sq.feet, with an average $391 / sq.feet price in Galveston. The properties with the lowest average prices have 3 bedrooms. They are 0 % cheaper than the average followed by properties with 2 bedrooms with a price at $387 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $731,019 it is 82 % cheaper than the average price in Galveston. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $432,067 it is 5 % 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 $230 / sq.feet followed by "Townhouse" priced at $312 / sq.feet. "House" is the cheapest type of property with a $385 / sq.feet value followed by "Apartment" with an average price of $368 / sq.feet.
