Property prices for sale in Princeton (Texas)
The prices in real estate in Princeton, in the Texas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Princeton has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $165. In the following month the price per sq.feet decreased to $143. The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $149 to $130.5 during March, and April.
Based upon to the price in Princeton (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $362,429. In December This price remains at $354,956. In the following two months the average price has remained the same with regard to the previous two months from $358,692.5 to $371,643.5. 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 $365,168 and $358,941 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $366,579 they are 39 % more affordable than the average price for Princeton. The properties with the lowest average price have 1 bedroom, Their price is 31 % cheaper than the average. After that we have properties with 4 bedrooms priced at $252,064.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $91 / sq.feet, with an average $154 / sq.feet price in Princeton. The properties with the lowest average prices have 2 bedrooms. They are 18 % cheaper than the average followed by properties with 3 bedrooms with a price at $106 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $366,579 it is 46 % cheaper than the average price in Princeton. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $239,211 it is 34 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $90 / sq.feet followed by "House" priced at $94 / sq.feet. "Duplex" is the most costly type of property with a $1,445 / sq.feet cost followed by "House" with an average price of $94 / sq.feet.
