Property prices for sale in Kemp (Texas)
The prices in real estate in Kemp, in the Texas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Kemp has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,823. In the following month the price per sq.feet decreased considerably to $1,871. The price for the following two months in (January, February) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 148 % 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 $2,712.5 to $4,006 during March, and April.
Based upon to the price in Kemp (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $374,288. In December This price remains at $375,462. During the following two months (January, February) the price has had an average incrementation from $374,875 to $426,664. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $434,556 they are 51 % more affordable than the average price for Kemp. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $433,004.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $189 / sq.feet, with an average $4,230 / sq.feet price in Kemp. The properties with the lowest average prices have 2 bedrooms. They are 94 % cheaper than the average followed by properties with 1 bedroom with a price at $244 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $434,556 it is 85 % cheaper than the average price in Kemp. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $482,988 it is 21 % 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 $225 / sq.feet followed by "Detached House" priced at $249 / sq.feet. "Land" is the most costly type of property with a $60,940 / sq.feet cost followed by "Detached House" with an average price of $249 / sq.feet.
