Property prices for sale in Murchison (Texas)
The prices in real estate in Murchison, 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 Murchison has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,226. In the following month the price per sq.feet decreased considerably to $1,138. The price for the following two months in (January, February) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable increase of 192 % 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 $1,731 to $3,325.5 during March, and April.
Based upon to the price in Murchison (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $255,412. In December This price remains at $244,914. In the following two months the average price has remained the same with regard to the previous two months from $250,163 to $240,875. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 53 % cheaper than the average price of $123,380 in Murchison. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 53 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 95 % cheaper than the average price of ($182 / sq.feet) in Murchison. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 95 % cheaper than the average value aforementioned.
