The prices in real estate in Houston, in the Texas 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 January, the average price per sq.feet was $185. In February this price pretty much remained the same at a value of $188 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $186.5 to $207 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $196.75 to $198 during May y June
Based upon to the price in Houston (cities), this has gone up considerably in the last 6 months. The price in January is $396,539, rising in February till $454,546. During the following two months (March, April) the average price had a considerable increase of 125 % with regard to the previous two months. 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 $479,269 and $465,184 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $489,624 they are 65 % more affordable than the average price for Houston. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $380,543.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $188 / sq.feet, with an average $206 / sq.feet price in Houston. The properties with the lowest average prices have 1 bedroom. They are 3 % cheaper than the average followed by properties with 2 bedrooms with a price at $199 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $489,624 it is 40 % cheaper than the average price in Houston. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Land". At a price of $892,728 it is 340 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $178 / sq.feet followed by "Condo" priced at $207 / sq.feet. "Land" is the most costly type of property with a $369 / sq.feet cost followed by "Apartment" with an average price of $340 / sq.feet.