Property prices for sale in Hitchcock (Texas)
The prices in real estate in Hitchcock, 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 Hitchcock has increased strongly during the last 6 months. In October, the average price per sq.feet was $195. In the following month the price per sq.feet increased considerably to $8,762. The price for the following two months in (December, January) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has had a considerable increase of 294 % 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 $4,009.5 to $11,779 during February, and March.
Based upon to the price in Hitchcock (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $307,074. In November This price remains at $297,864. In the following two months the average price has remained the same with regard to the previous two months from $302,469 to $289,891.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 150 % 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 $448,329 they are 58 % more affordable than the average price for Hitchcock. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 2 bedrooms priced at $317,880.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $187 / sq.feet, with an average $9,977 / sq.feet price in Hitchcock. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $280 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $448,329 it is 12 % cheaper than the average price in Hitchcock. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $393,123 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $219 / sq.feet followed by "Land" priced at $113,039 / sq.feet. "Land" is the most costly type of property with a $113,039 / sq.feet cost followed by "House" with an average price of $219 / sq.feet.
