The prices in real estate in Houston, in the Delaware region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Houston has increased during the last 6 months. In July, the average price per sq.feet was $146. In the following month the price per sq.feet decreased to $132. The price for the following two months in (September, October) had a considerable increment of 164 %. The price per sq.feet has had a considerable deflation of 50 % 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 $183.75 to $92 during November, and December.
Based upon to the price in Houston (cities), this has gone up considerably in the last 6 months. The price in July is $303,340, rising in August till $332,980. During the following two months (September, October) the average price had a considerable increase of 143 % 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 $386,189.25 to $301,202, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $313,929 they are 53 % more affordable than the average price for Houston. The properties with the highest average price have 2 bedrooms, Their price is 208 % more costly than the average. After that we have properties with 4 bedrooms priced at $224,246.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $70 / sq.feet, with an average $87 / sq.feet price in Houston. The properties with the highest average prices have 1 bedroom. They are 825 % more expensive than the average followed by properties with 2 bedrooms with a price at $531 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $313,929 it is 57 % cheaper than the average price in Houston. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $148,515 it is 38 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $62 / sq.feet followed by "House" priced at $74 / sq.feet. "Apartment" is the most costly type of property with a $803 / sq.feet cost followed by "House" with an average price of $74 / sq.feet.