The prices in real estate in Levelland, 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 Levelland has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $286. In the following month the price per sq.feet decreased considerably to $89. The price for the following two months in (September, October) had a considerable decrease of 44 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 53 % 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 $135 to $72 during November, and December.
Based upon to the price in Levelland (cities), this has fallen considerably in the last 6 months. The price in July is $215,500, rising in August till $228,983. During the following two months (September, October) the average price had a considerable reduction of 85 % 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 $205,158.75 to $144,508, which means a 70 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1 % more costly than the average price of $139,552 in Levelland. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 1 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 16 % cheaper than the average price of ($59 / sq.feet) in Levelland. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 16 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Levelland we can see that most expensive property type is "House" at a price of $139,552, they are 1 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 1 % more expensive 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 $59 / sq.feet. "House" with an average cost of $59 / sq.feet has the lowest price and would be directed at less affluent cities.