Property prices for sale in Mabank (Texas)
The prices in real estate in Mabank, 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 Mabank has increased strongly during the last 6 months. In October, the average price per sq.feet was $808. In the following month the price per sq.feet increased considerably to $2,070. The price for the following two months in (December, January) had a considerable decrease of 44 with regard to the prior two months. The price per sq.feet has had a considerable increase of 118 % 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 $1,038.5 to $1,228 during February, and March.
Based upon to the price in Mabank (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $304,497. During November the price went through a considerable rise reaching $376,478. In the following two months the average price has remained the same with regard to the previous two months from $340,487.5 to $340,807. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $373,012 they are 61 % more affordable than the average price for Mabank. The properties with the highest average price have 4 bedrooms, Their price is 104 % more costly than the average. After that we have properties with 3 bedrooms priced at $340,649.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $214 / sq.feet, with an average $2,235 / sq.feet price in Mabank. The properties with the highest average prices have 4 bedrooms. They are 20 % more expensive than the average followed by properties with 3 bedrooms with a price at $2,130 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $373,012 it is 64 % cheaper than the average price in Mabank. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $493,917 it is 130 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $345 / sq.feet followed by "House" priced at $3,470 / sq.feet. "Land" is the most costly type of property with a $13,970 / sq.feet cost followed by "House" with an average price of $3,470 / sq.feet.
