Property prices for sale in Groesbeck (Texas)
The prices in real estate in Groesbeck, 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 Groesbeck has increased strongly during the last 6 months. In October, the average price per sq.feet was $243. In the following month the price per sq.feet increased considerably to $1,591. The price for the following two months in (December, January) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable increase of 683 % 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 $676.5 to $4,622 during February, and March.
Based upon to the price in Groesbeck (cities), these have remained the same in the last 6 months. The average price for October is $391,968. During November the price had a slight fall till $354,404. During the following two months (December, January) the average price fell 91 % 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 128 % 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 $466,330 they are 28 % more affordable than the average price for Groesbeck. The properties with the lowest average price have 3 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 4 bedrooms priced at $417,718.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $218 / sq.feet, with an average $4,773 / sq.feet price in Groesbeck. The properties with the lowest average prices have 2 bedrooms. They are 93 % cheaper than the average followed by properties with 1 bedroom with a price at $266 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $466,330 it is 11 % cheaper than the average price in Groesbeck. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $416,712 it is 24 % 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 $217 / sq.feet followed by "Land" priced at $37,560 / sq.feet. "Land" is the most costly type of property with a $37,560 / sq.feet cost followed by "House" with an average price of $217 / sq.feet.
