Property prices for sale in Pipe Creek (Texas)
The prices in real estate in Pipe Creek, 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 Pipe Creek has increased strongly during the last 6 months. In October, the average price per sq.feet was $279. In the following month the price per sq.feet increased considerably to $2,456. The price for the following two months in (December, January) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable increase of 752 % 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 $853.25 to $6,414 during February, and March.
Based upon to the price in Pipe Creek (cities), this has gone up considerably in the last 6 months. The price in October is $520,454, rising in November till $575,690. During the following two months (December, January) the average price had a considerable increase of 131 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $653,883 they are 37 % more affordable than the average price for Pipe Creek. The properties with the highest average price have 1 bedroom, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $556,827.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $72 / sq.feet, with an average $10,598 / sq.feet price in Pipe Creek. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $270 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $653,883 it is 41 % cheaper than the average price in Pipe Creek. "House" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $550,843 it is 213 % 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 $266 / sq.feet followed by "Land" priced at $534 / sq.feet. "Farm" is the cheapest type of property with a $1,307 / sq.feet value followed by "Land" with an average price of $534 / sq.feet.
