Property prices for sale in Palacios (Texas)
The prices in real estate in Palacios, 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 Palacios has increased strongly during the last 6 months. In October, the average price per sq.feet was $899. In the following month the price per sq.feet increased considerably to $3,232. The price for the following two months in (December, January) had a considerable decrease of 42 with regard to the prior two months. The price per sq.feet has had a considerable increase of 285 % 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 $1,465.75 to $4,179.5 during February, and March.
Based upon to the price in Palacios (cities), this has gone downing the last 6 months. The average price for October is $351,867. During November the price had a slight fall till $303,568. In the following two months the average price has remained the same with regard to the previous two months from $327,717.5 to $327,340.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $327,529 to $301,426 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $312,341 they are 31 % more affordable than the average price for Palacios. 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 $418,014.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $204 / sq.feet, with an average $4,866 / sq.feet price in Palacios. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 2 bedrooms with a price at $228 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $312,341 it is 37 % cheaper than the average price in Palacios. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $196,531 it is 17 % 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 $233 / sq.feet followed by "Land" priced at $68,723 / sq.feet. "Land" is the most costly type of property with a $68,723 / sq.feet cost followed by "House" with an average price of $233 / sq.feet.
