The prices in real estate in Irving, 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 Irving has increased during the last 6 months. In December, the average price per sq.feet was $159. In January this price pretty much remained the same at a value of $158 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $158.5 to $175.5 per sq.feet. The price per sq.feet has increased 112 % 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 $167 to $187 during April, and May.
Based upon to the price in Irving (cities), this has gone up considerably in the last 6 months. In our first sample month during December, the average price is $371,855. In January This price remains at $387,794. During the following two months (February, March) the average price had a considerable increase of 125 % 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 125 % 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 $534,905 they are 68 % more affordable than the average price for Irving. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $334,142.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $151 / sq.feet, with an average $188 / sq.feet price in Irving. The properties with the highest average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 4 bedrooms with a price at $164 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $534,905 it is 63 % cheaper than the average price in Irving. "Attic" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $396,304 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $127 / sq.feet followed by "Attic" priced at $149 / sq.feet. "Apartment" is the cheapest type of property with a $166 / sq.feet value followed by "Condo" with an average price of $159 / sq.feet.