The prices in real estate in Italy, 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 Italy has increased strongly during the last 6 months. In October, the average price per sq.feet was $211. In the following month the price per sq.feet increased considerably to $1,197. The price for the following two months in (December, January) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1097 % 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 $456.25 to $5,006 during February, and March.
Based upon to the price in Italy (cities), this has gone up considerably in the last 6 months. The average price for October is $416,011. During November the price had a slight fall till $382,439. During the following two months (December, January) the average price had a considerable increase of 117 % 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 182 % 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 $800,972 they are 93 % more affordable than the average price for Italy. The properties with the lowest average price have 2 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 4 bedrooms priced at $344,613.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $103 / sq.feet, with an average $7,241 / sq.feet price in Italy. The properties with the lowest average prices have 3 bedrooms. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $163 / sq.feet.
With regard to the average price based upon the property in Italy we can see that the cheapest property type is "House" at a price of $321,423, they are 60 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 60 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $156 / sq.feet. "House" with an average cost of $156 / sq.feet has the lowest price and would be directed at less affluent cities.