The prices in real estate in Junction, 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 Junction has increased strongly during the last 6 months. In October, the average price per sq.feet was $633. In the following month the price per sq.feet increased considerably to $4,982. The price for the following two months in (December, January) had a considerable increment of 153 %. The price per sq.feet has had a considerable increase of 172 % 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 $3,556.25 to $6,134.5 during February, and March.
Based upon to the price in Junction (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $926,279. In November This price remains at $883,407. During the following two months (December, January) the average price had a considerable increase of 140 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $1,085,943.25 to $1,001,452.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $999,633 they are 32 % more affordable than the average price for Junction. Based on the bedrooms values, properties with the highest prices are those with 2 bedrooms. They are 10 % more expensive than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $343 / sq.feet, with an average $8,419 / sq.feet price in Junction. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 71 % cheaper than the average value aforementioned.