Property prices for sale in Kerrville (Texas)
The prices in real estate in Kerrville, in the Texas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Kerrville has remained the same in the last 6 months. In October, the average price per sq.feet was $263. In November this price pretty much remained the same at a value of $276 per sq.feet. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has decreased 95 % 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 $258.25 to $244.5 during February, and March.
Based upon to the price in Kerrville (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $720,257. In November This price remains at $709,761. During the following two months (December, January) the average price had a considerable reduction of 80 % 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 91 %, going from $644,179 to $588,739 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $617,571 they are 50 % more affordable than the average price for Kerrville. The properties with the highest average price have 4 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 3 bedrooms priced at $464,301.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $232 / sq.feet, with an average $254 / sq.feet price in Kerrville. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 4 bedrooms with a price at $252 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $617,571 it is 52 % cheaper than the average price in Kerrville. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $539,263 it is 7 % 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 $185 / sq.feet followed by "House" priced at $239 / sq.feet. "Land" is the most costly type of property with a $71,135 / sq.feet cost followed by "Condo" with an average price of $245 / sq.feet.
