Property prices for sale in Hughes Springs (Texas)
The prices in real estate in Hughes Springs, 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 Hughes Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was $134. In the following month the price per sq.feet increased to $152. The price for the following two months in (December, January) had a considerable increment of 234 %. The price per sq.feet has had a considerable increase of 423 % 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 $238.5 to $1,010 during February, and March.
Based upon to the price in Hughes Springs (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $334,681. In November This price remains at $347,955. In the following two months the average price has remained the same with regard to the previous two months from $341,318 to $342,289. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $341,803.5 to $302,390 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $290,733 they are 40 % more affordable than the average price for Hughes Springs. The properties with the highest average price have 3 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 4 bedrooms priced at $241,225.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $114 / sq.feet, with an average $1,297 / sq.feet price in Hughes Springs. The properties with the lowest average prices have 1 bedroom. They are 87 % cheaper than the average followed by properties with 3 bedrooms with a price at $144 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $290,733 it is 0 % cheaper than the average price in Hughes Springs. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $289,293 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $130 / sq.feet followed by "Land" priced at $12,478 / sq.feet. "Land" is the most costly type of property with a $12,478 / sq.feet cost followed by "House" with an average price of $130 / sq.feet.
