Property prices for sale in Penitas (Texas)

The prices in real estate in Penitas, 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.

$278,807.17
Average price last 6 months
$9,828.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Penitas has increased strongly during the last 6 months. In October, the average price per sq.feet was $145. In the following month the price per sq.feet increased considerably to $19,316. In the following two months the price per sq.feet has increased 114 %, going from $9,730.5 to $11,088.5 per sq.feet. The price per sq.feet has had a considerable deflation of 83 % 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 $10,409.5 to $8,666 during February, and March.

Average price

Based upon to the price in Penitas (cities), this has fallen considerably in the last 6 months. The average price for October is $338,394. During November the price had a considerable reduction till $279,588. During the following two months (December, January) the average price had a considerable reduction of 79 % 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 $276,637.75 and $283,146 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $310,897 they are 52 % more affordable than the average price for Penitas. The properties with the lowest average price have 1 bedroom, Their price is 30 % cheaper than the average. After that we have properties with 2 bedrooms priced at $148,074.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $40 / sq.feet, with an average $16,767 / sq.feet price in Penitas. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $40 / sq.feet.

Price per property type

With regard to the average price based upon the property in Penitas we can see that the cheapest property type is "Apartment" at a price of $146,002, they are 53 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 53 % more affordable than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "Apartment with an average price of $140,776 / sq.feet. "Apartment" at an average price of $140,776 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Penitas
Number of properties used in region Texas
$310,897
$16,767
302
2,291,298
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value