The prices in real estate in Port Aransas, 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 Port Aransas has increased strongly during the last 6 months. In March, the average price per sq.feet was $257. In the following month the price per sq.feet increased considerably to $421. In the following two months the price per sq.feet has increased 109 %, going from $339 to $369.5 per sq.feet. The price per sq.feet has decreased 89 % 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 $354.25 to $314 during July, and August.
Based upon to the price in Port Aransas (cities), this has gone up in the last 6 months. The price in March is $669,594, rising in April till $738,794. During the following two months (May, June) the price has had an average incrementation from $704,194 to $746,327.5. 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 $725,260.75 and $710,774 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $716,309 they are 49 % more affordable than the average price for Port Aransas. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $806,401.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $342 / sq.feet, with an average $302 / sq.feet price in Port Aransas. The properties with the highest average prices have 1 bedroom. They are 67 % more expensive than the average followed by properties with 4 bedrooms with a price at $501 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $716,309 it is 34 % cheaper than the average price in Port Aransas. "Land" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $1,021,077 it is 61 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $296 / sq.feet followed by "House" priced at $396 / sq.feet. "Land" is the most costly type of property with a $20,786 / sq.feet cost followed by "Townhouse" with an average price of $540 / sq.feet.