The prices in real estate in Luling, 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 Luling has increased strongly during the last 6 months. In November, the average price per sq.feet was $227. In December this price pretty much remained the same at a value of $228 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $227.5 to $219.5 per sq.feet. The price per sq.feet has had a considerable increase of 873 % 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 $223.5 to $1,951.5 during March, and April.
Based upon to the price in Luling (cities), these have remained the same in the last 6 months. The average price for November is $348,217. During December the price had a slight fall till $313,584. In the following two months the average price has remained the same with regard to the previous two months from $330,900.5 to $337,968.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $358,366 they are 30 % more affordable than the average price for Luling. The properties with the highest average price have 1 bedroom, Their price is 40 % more costly than the average. After that we have properties with 4 bedrooms priced at $485,292.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $167 / sq.feet, with an average $1,455 / sq.feet price in Luling. The properties with the lowest average prices have 1 bedroom. They are 67 % cheaper than the average followed by properties with 4 bedrooms with a price at $246 / sq.feet.
With regard to the average price based upon the property in Luling we can see that most expensive property type is "House" at a price of $361,415, 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 $209 / sq.feet. "House" with an average cost of $209 / sq.feet has the lowest price and would be directed at less affluent cities.