Property prices for sale in Midland (Texas)
The prices in real estate in Midland, in the Texas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Midland has increased during the last 6 months. In November, the average price per sq.feet was $182. In December this price pretty much remained the same at a value of $189 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $185.5 to $203 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $194.25 to $187.5 during March y April
Based upon to the price in Midland (cities), this has gone up considerably in the last 6 months. The price in November is $402,959, rising in December till $436,292. During the following two months (January, February) the average price had a considerable increase of 121 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $464,301.5 and $456,747 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $482,809 they are 80 % more affordable than the average price for Midland. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $331,052.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $175 / sq.feet, with an average $191 / sq.feet price in Midland. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $191 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $482,809 it is 61 % cheaper than the average price in Midland. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $389,336 it is 194 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $143 / sq.feet followed by "House" priced at $182 / sq.feet. "Apartment" is the most costly type of property with a $60,867 / sq.feet cost followed by "Condo" with an average price of $265 / sq.feet.
