The prices in real estate in Nevada, 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 Nevada has increased strongly during the last 6 months. In October, the average price per sq.feet was $212. In November this price pretty much remained the same at a value of $214 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $213 to $211.5 per sq.feet. The price per sq.feet has had a considerable increase of 3359 % 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 $212.25 to $7,129.5 during February, and March.
Based upon to the price in Nevada (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $544,439. In November This price remains at $535,122. In the following two months the average price has remained the same with regard to the previous two months from $539,780.5 to $521,509. 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 $530,644.75 and $544,011 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $527,229 they are 43 % more affordable than the average price for Nevada. The properties with the lowest average price have 1 bedroom, Their price is 31 % cheaper than the average. After that we have properties with 2 bedrooms priced at $298,306.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $64 / sq.feet, with an average $14,032 / sq.feet price in Nevada. The properties with the lowest average prices have 2 bedrooms. They are 99 % cheaper than the average followed by properties with 1 bedroom with a price at $64 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $527,229 it is 46 % cheaper than the average price in Nevada. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $286,268 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $51 / sq.feet followed by "House" priced at $72 / sq.feet. "House" is the cheapest type of property with a $72 / sq.feet value followed by "Apartment" with an average price of $51 / sq.feet.