Property prices for sale in Honey Grove (Texas)
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 October, the average price per sq.feet was $214. In the following month the price per sq.feet increased considerably to $6,404. The price for the following two months in (December, January) had a considerable increment of 181 %. The price per sq.feet has had a considerable increase of 265 % 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 $4,648 to $12,319 during February, and March.
Based upon to the price in Honey Grove (cities), these have remained the same in the last 6 months. The average price for October is $389,400. During November the price had a considerable reduction till $302,382. During the following two months (December, January) the average price had a considerable increase of 129 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $395,852.75 to $329,456.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $337,556 they are 46 % more affordable than the average price for Honey Grove. The properties with the lowest average price have 2 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 1 bedroom priced at $263,412.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $58 / sq.feet, with an average $14,390 / sq.feet price in Honey Grove. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $174 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $337,556 it is 24 % cheaper than the average price in Honey Grove. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $256,041 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $47 / sq.feet followed by "House" priced at $154 / sq.feet. "House" is the cheapest type of property with a $154 / sq.feet value followed by "Apartment" with an average price of $47 / sq.feet.
