The prices in real estate in Honey Grove, 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 Honey Grove has increased strongly during the last 6 months. In April, the average price per sq.feet was $97. In the following month the price per sq.feet increased considerably to $123. The price for the following two months in (June, July) had a considerable increment of 119 %. The price per sq.feet has had a considerable increase of 117 % 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 $120.5 to $141 during August, and September.
Based upon to the price in Honey Grove (cities), this has gone up in the last 6 months. The price in April is $246,362, rising in May till $275,891. In the following two months the average price has remained the same with regard to the previous two months from $261,126.5 to $262,702.5. 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 $261,914.5 and $250,488 between August and September.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 11 % cheaper than the average price of $215,949 in Honey Grove. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 11 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % cheaper than the average price of ($115 / sq.feet) in Honey Grove. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $242,386 it is 10 % cheaper than the average price in Honey Grove. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $218,771 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $96 / sq.feet followed by "House" priced at $108 / sq.feet. "House" is the cheapest type of property with a $108 / sq.feet value followed by "Apartment" with an average price of $96 / sq.feet.