Property prices for sale in Lufkin (Texas)
The prices in real estate in Lufkin, 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 Lufkin has increased strongly during the last 6 months. In October, the average price per sq.feet was $149. In the following month the price per sq.feet increased to $165. The price for the following two months in (December, January) had a considerable increment of 251 %. The price per sq.feet has had a considerable increase of 128 % 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 $275.75 to $353 during February, and March.
Based upon to the price in Lufkin (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $336,333. In November This price remains at $321,737. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $321,941 they are 49 % more affordable than the average price for Lufkin. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $274,088.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $132 / sq.feet, with an average $539 / sq.feet price in Lufkin. The properties with the lowest average prices have 1 bedroom. They are 42 % cheaper than the average followed by properties with 4 bedrooms with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $321,941 it is 39 % cheaper than the average price in Lufkin. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $323,001 it is 19 % 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 $139 / sq.feet followed by "House" priced at $162 / sq.feet. "Land" is the most costly type of property with a $40,590 / sq.feet cost followed by "House" with an average price of $162 / sq.feet.
