The prices in real estate in Kingsbury, 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 Kingsbury has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $7,894. In the following month the price per sq.feet decreased considerably to $4,281. The price for the following two months in (January, February) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable increase of 189 % 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 $3,381.75 to $6,377.5 during March, and April.
Based upon to the price in Kingsbury (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $555,156. In December This price remains at $580,381. In the following two months the average price has remained the same with regard to the previous two months from $567,768.5 to $567,529.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 155 % 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 $1,090,174 they are 69 % more affordable than the average price for Kingsbury. The properties with the lowest average price have 3 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 2 bedrooms priced at $449,100.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $160 / sq.feet, with an average $1,997 / sq.feet price in Kingsbury. The properties with the lowest average prices have 1 bedroom. They are 72 % cheaper than the average followed by properties with 2 bedrooms with a price at $331 / sq.feet.
With regard to the average price based upon the property in Kingsbury we can see that the cheapest property type is "House" at a price of $634,344, they are 42 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 42 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $301 / sq.feet. "House" with an average cost of $301 / sq.feet has the lowest price and would be directed at less affluent cities.