The prices in real estate in Port Lavaca, 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 Lavaca has increased strongly during the last 6 months. In May, the average price per sq.feet was $277. In June this price pretty much remained the same at a value of $277 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 327 %. The price per sq.feet has had a considerable increase of 201 % 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 $591.5 to $1,189 during September, and October.
Based upon to the price in Port Lavaca (cities), this has gone up considerably in the last 6 months. In our first sample month during May, the average price is $791,333. In June This price remains at $791,333. During the following two months (July, August) the average price had a considerable increase of 162 % 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 risen strongly 153 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $184,910 they are 47 % more affordable than the average price for Port Lavaca. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $231,434.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $121 / sq.feet, with an average $125 / sq.feet price in Port Lavaca. The properties with the highest average prices have 2 bedrooms. They are 30 % more expensive than the average followed by properties with 1 bedroom with a price at $150 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $184,910 it is 33 % more expensive than the average price in Port Lavaca. "Farm" is seen as the second dearest property type. The dearest property type is "Farm" followed by "House". At a price of $246,354 it is 53 % 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 $115 / sq.feet followed by "Farm" priced at $123 / sq.feet. "Farm" is the cheapest type of property with a $123 / sq.feet value followed by "House" with an average price of $115 / sq.feet.