Property prices for sale in Pipe Creek (Texas)

The prices in real estate in Pipe Creek, in the Texas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$1,571,136.83
Average price last 6 months
$710.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Pipe Creek has increased during the last 6 months. In December, the average price per sq.feet was $673. In the following month the price per sq.feet decreased considerably to $532. In the following two months the price per sq.feet has increased 115 %, going from $602.5 to $690.5 per sq.feet. The price per sq.feet has had a considerable increase of 130 % 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 $646.5 to $838.5 during April, and May.

Average price

Based upon to the price in Pipe Creek (cities), this has fallen considerably in the last 6 months. The average price for December is $2,627,201. During January the price had a considerable reduction till $2,061,214. During the following two months (February, March) the average price had a considerable reduction of 58 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,855,667.25 to $1,002,076, which means a 54 % fall.

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 $1,093,521 they are 85 % more affordable than the average price for Pipe Creek. The properties with the lowest average price have 4 bedrooms, Their price is 13 % cheaper than the average. After that we have properties with 3 bedrooms priced at $668,976.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $147 / sq.feet, with an average $473 / sq.feet price in Pipe Creek. The properties with the lowest average prices have 1 bedroom. They are 27 % cheaper than the average followed by properties with 3 bedrooms with a price at $257 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,093,521 it is 40 % cheaper than the average price in Pipe Creek. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $654,540 it is 39 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $148 / sq.feet followed by "Duplex" priced at $479 / sq.feet. "Duplex" is the most costly type of property with a $479 / sq.feet cost followed by "House" with an average price of $148 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Pipe Creek
Number of properties used in region Texas
$1,093,521
$473
156
691,062
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value