Property prices for sale in Mineral Wells (Texas)
The prices in real estate in Mineral Wells, 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 Mineral Wells has increased during the last 6 months. In November, the average price per sq.feet was $162. In the following month the price per sq.feet increased to $171. The price for the following two months in (January, February) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 125 % 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 $161 to $201.5 during March, and April.
Based upon to the price in Mineral Wells (cities), these have remained the same in the last 6 months. The price in November is $284,707, rising in December till $301,846. During the following two months (January, February) the average price fell 90 % 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 109 % 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 $325,097 they are 44 % more affordable than the average price for Mineral Wells. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $296,768.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $159 / sq.feet, with an average $189 / sq.feet price in Mineral Wells. The properties with the highest average prices have 4 bedrooms. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $174 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $325,097 it is 59 % cheaper than the average price in Mineral Wells. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $408,393 it is 48 % 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 $174 / sq.feet followed by "Detached House" priced at $210 / sq.feet. "Land" is the most costly type of property with a $33,659 / sq.feet cost followed by "Detached House" with an average price of $210 / sq.feet.
