The prices in real estate in Hockley, 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 Hockley has remained the same in the last 6 months. In April, the average price per sq.feet was $113. In May this price pretty much remained the same at a value of $114 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $113.5 to $114.5 per sq.feet. The price per sq.feet has increased 106 % 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 $114 to $121 during August, and September.
Based upon to the price in Hockley (cities), these have remained the same in the last 6 months. The average price for April is $259,984. During May the price had a slight fall till $237,180. In the following two months the average price has remained the same with regard to the previous two months from $248,582 to $246,313.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $274,148 they are 20 % more affordable than the average price for Hockley. The properties with the highest average price have 1 bedroom, Their price is 266 % more costly than the average. After that we have properties with 4 bedrooms priced at $286,371.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $112 / sq.feet, with an average $123 / sq.feet price in Hockley. The properties with the highest average prices have 1 bedroom. They are 1152 % more expensive than the average followed by properties with 2 bedrooms with a price at $144 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $274,148 it is 6 % cheaper than the average price in Hockley. "Land" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Land". At a price of $270,665 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $102 / sq.feet followed by "Apartment" priced at $104 / sq.feet. "House" is the cheapest type of property with a $113 / sq.feet value followed by "Apartment" with an average price of $104 / sq.feet.