The prices in real estate in Humble, in the Texas region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Humble has fallen in the last 6 months. In April, the average price per sq.feet was $121. In May this price pretty much remained the same at a value of $126 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $123.5 to $120 per sq.feet. The price per sq.feet has had a considerable deflation of 72 % 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 $121.75 to $88 during August, and September.
Based upon to the price in Humble (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $283,479. In May This price remains at $290,851. In the following two months the average price has remained the same with regard to the previous two months from $287,165 to $282,767.5. 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 $284,966.25 to $250,981.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $235,706 they are 15 % more affordable than the average price for Humble. The properties with the highest average price have 1 bedroom, Their price is 131 % more costly than the average. After that we have properties with 4 bedrooms priced at $293,593.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $111 / sq.feet, with an average $62 / sq.feet price in Humble. The properties with the highest average prices have 1 bedroom. They are 265 % more expensive than the average followed by properties with 2 bedrooms with a price at $120 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $235,706 it is 28 % cheaper than the average price in Humble. "Commercial" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Office". At a price of $305,470 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Office" at an average cost of $90 / sq.feet followed by "Commercial" priced at $91 / sq.feet. "House" is the most costly type of property with a $1,071 / sq.feet cost followed by "Apartment" with an average price of $123 / sq.feet.