The prices in real estate in Galveston, in the Texas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Galveston has remained the same in the last 6 months. In November, the average price per sq.feet was $306. In the following month the price per sq.feet decreased to $287. In the following two months the price per sq.feet has barely changed, going from $296.5 to $296 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $296.25 to $307 during March y April
Based upon to the price in Galveston (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $556,081. In December This price remains at $562,519. During the following two months (January, February) the price has had an average incrementation from $559,300 to $589,929. 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 $574,614.5 and $558,702.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $564,014 they are 56 % more affordable than the average price for Galveston. The properties with the highest average price have 4 bedrooms, Their price is 59 % more costly than the average. After that we have properties with 3 bedrooms priced at $568,908.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $319 / sq.feet, with an average $309 / sq.feet price in Galveston. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 4 bedrooms with a price at $381 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $564,014 it is 57 % cheaper than the average price in Galveston. "Commercial" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $597,821 it is 54 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $133 / sq.feet followed by "Townhouse" priced at $148 / sq.feet. "Land" is the most costly type of property with a $276,190 / sq.feet cost followed by "Condo" with an average price of $357 / sq.feet.