The prices in real estate in Houston, in the Delaware 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 Houston has increased strongly during the last 6 months. In March, the average price per sq.feet was $76. In the following month the price per sq.feet increased considerably to $117. The price for the following two months in (May, June) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable increase of 179 % 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 $77.5 to $139 during July, and August.
Based upon to the price in Houston (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $188,552. During April the price went through a considerable rise reaching $237,625. During the following two months (May, June) the average price had a considerable reduction of 56 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 192 % 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 $332,980 they are 55 % more affordable than the average price for Houston. The properties with the highest average price have 2 bedrooms, Their price is 192 % more costly than the average. After that we have properties with 4 bedrooms priced at $225,147.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $74 / sq.feet, with an average $132 / sq.feet price in Houston. The properties with the highest average prices have 1 bedroom. They are 513 % more expensive than the average followed by properties with 2 bedrooms with a price at $535 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $332,980 it is 59 % 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 $149,112 it is 41 % 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 $66 / sq.feet followed by "House" priced at $78 / sq.feet. "Apartment" is the most costly type of property with a $807 / sq.feet cost followed by "House" with an average price of $78 / sq.feet.