Property prices for sale in Lindale (Texas)
The prices in real estate in Lindale, 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 Lindale has increased strongly during the last 6 months. In November, the average price per sq.feet was $225. In December this price pretty much remained the same at a value of $229 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $227 to $226 per sq.feet. The price per sq.feet has had a considerable increase of 399 % 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 $226.5 to $903.5 during March, and April.
Based upon to the price in Lindale (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $495,237. In December This price remains at $511,520. In the following two months the average price has remained the same with regard to the previous two months from $503,378.5 to $500,563. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $501,970.75 to $473,877.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $481,440 they are 42 % more affordable than the average price for Lindale. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 1 bedroom priced at $280,057.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $96 / sq.feet, with an average $236 / sq.feet price in Lindale. The properties with the lowest average prices have 4 bedrooms. They are 33 % cheaper than the average followed by properties with 1 bedroom with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $481,440 it is 2 % more expensive than the average price in Lindale. "House" is seen as the second dearest property type. The dearest property type is "Detached House" followed by "House". At a price of $519,720 it is 76 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $197 / sq.feet followed by "Detached House" priced at $230 / sq.feet. "Apartment" is the most costly type of property with a $30,263 / sq.feet cost followed by "Detached House" with an average price of $230 / sq.feet.
