Property prices for sale in Kennedale (Texas)
The prices in real estate in Kennedale, 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 Kennedale has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $2,523. In the following month the price per sq.feet increased considerably to $3,155. The price for the following two months in (May, June) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 13 % 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 $1,520 to $198.5 during July, and August.
Based upon to the price in Kennedale (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $581,512. In April This price remains at $572,262. During the following two months (May, June) the average price had a considerable reduction of 84 % 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 87 %, going from $530,569.25 to $463,700 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $446,622 they are 29 % more affordable than the average price for Kennedale. The properties with the lowest average price have 1 bedroom, Their price is 25 % cheaper than the average. After that we have properties with 2 bedrooms priced at $325,177.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $70 / sq.feet, with an average $203 / sq.feet price in Kennedale. The properties with the lowest average prices have 2 bedrooms. They are 56 % cheaper than the average followed by properties with 1 bedroom with a price at $86 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $446,622 it is 32 % cheaper than the average price in Kennedale. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $301,827 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $35 / sq.feet followed by "Apartment" priced at $70 / sq.feet. "Apartment" is the cheapest type of property with a $70 / sq.feet value followed by "Townhouse" with an average price of $35 / sq.feet.
