Property prices for sale in Mineral Wells (Texas)
The prices in real estate in Mineral Wells, in the Texas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Mineral Wells has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $214. In the following month the price per sq.feet decreased to $189. The price for the following two months in (May, June) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $189 to $178.5 during July, and August.
Based upon to the price in Mineral Wells (cities), this has gone up in the last 6 months. The price in March is $283,251, rising in April till $325,097. During the following two months (May, June) the average price fell 95 % 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 $296,251 and $304,909 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $329,454 they are 57 % more affordable than the average price for Mineral Wells. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 3 bedrooms priced at $298,594.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $174 / sq.feet, with an average $188 / sq.feet price in Mineral Wells. The properties with the highest average prices have 4 bedrooms. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $195 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $329,454 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 "Condo". At a price of $501,657 it is 371 % 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 $186 / sq.feet followed by "Condo" priced at $267 / sq.feet. "Land" is the most costly type of property with a $38,467 / sq.feet cost followed by "Condo" with an average price of $267 / sq.feet.
