The prices in real estate in Lake Dallas, in the Texas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Lake Dallas has increased during the last 6 months. In October, the average price per sq.feet was $168. In the following month the price per sq.feet increased to $180. In the following two months the price per sq.feet has increased 110 %, going from $174 to $191 per sq.feet. The price per sq.feet has decreased 93 % 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 $182.5 to $169 during February, and March.
Based upon to the price in Lake Dallas (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $494,050. During November the price went through a considerable rise reaching $583,014. During the following two months (December, January) the average price had a considerable increase of 116 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $581,664.75 to $476,309, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $396,082 they are 24 % more affordable than the average price for Lake Dallas. The properties with the highest average price have 1 bedroom, Their price is 8 % more costly than the average. After that we have properties with 4 bedrooms priced at $302,449.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $111 / sq.feet, with an average $155 / sq.feet price in Lake Dallas. The properties with the lowest average prices have 1 bedroom. They are 11 % cheaper than the average followed by properties with 4 bedrooms with a price at $111 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $396,082 it is 24 % cheaper than the average price in Lake Dallas. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $302,449 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $111 / sq.feet followed by "Townhouse" priced at $131 / sq.feet. "Townhouse" is the cheapest type of property with a $131 / sq.feet value followed by "Condo" with an average price of $111 / sq.feet.