Property prices for sale in Hempstead (Texas)
The prices in real estate in Hempstead, 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 Hempstead has increased strongly during the last 6 months. In October, the average price per sq.feet was $261. In the following month the price per sq.feet increased considerably to $873. The price for the following two months in (December, January) had a considerable decrease of 57 with regard to the prior two months. The price per sq.feet has had a considerable increase of 283 % 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 $445.25 to $1,259 during February, and March.
Based upon to the price in Hempstead (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $568,853. In November This price remains at $540,746. In the following two months the average price has remained the same with regard to the previous two months from $554,799.5 to $581,148.5. 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 $567,974 and $544,529 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $513,358 they are 48 % more affordable than the average price for Hempstead. The properties with the highest average price have 1 bedroom, Their price is 116 % more costly than the average. After that we have properties with 4 bedrooms priced at $468,008.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $191 / sq.feet, with an average $2,257 / sq.feet price in Hempstead. The properties with the lowest average prices have 1 bedroom. They are 64 % cheaper than the average followed by properties with 2 bedrooms with a price at $246 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $513,358 it is 21 % cheaper than the average price in Hempstead. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Commercial Property". At a price of $514,874 it is 66 % 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 $208 / sq.feet followed by "Detached House" priced at $209 / sq.feet. "Land" is the most costly type of property with a $65,020 / sq.feet cost followed by "Commercial Property" with an average price of $422 / sq.feet.
