The prices in real estate in Kennedale, 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 Kennedale has increased strongly during the last 6 months. In October, the average price per sq.feet was $207. In the following month the price per sq.feet increased considerably to $3,259. The price for the following two months in (December, January) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable increase of 373 % 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 $964 to $3,598 during February, and March.
Based upon to the price in Kennedale (cities), these have remained the same in the last 6 months. The average price for October is $471,906. During November the price had a slight fall till $446,407. During the following two months (December, January) the average price fell 86 % 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 127 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $581,512 they are 45 % more affordable than the average price for Kennedale. The properties with the lowest average price have 1 bedroom, Their price is 43 % 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 $2,523 / sq.feet price in Kennedale. The properties with the lowest average prices have 2 bedrooms. They are 96 % 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 $581,512 it is 48 % cheaper than the average price in Kennedale. "House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $318,725 it is 42 % 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 $40 / sq.feet followed by "Apartment" priced at $60 / sq.feet. "House" is the cheapest type of property with a $70 / sq.feet value followed by "Apartment" with an average price of $60 / sq.feet.