The prices in real estate in Red Oak, in the Texas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Red Oak has remained the same in the last 6 months. In September, the average price per sq.feet was $124. In October this price pretty much remained the same at a value of $129 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $126.5 to $127.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $127 to $129.5 during January y February
Based upon to the price in Red Oak (cities), these have remained the same in the last 6 months. The average price for September is $348,697. During October the price had a slight fall till $314,054. During the following two months (November, December) the price has had an average incrementation from $331,375.5 to $351,704.5. 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 $341,540 and $357,499 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $348,720 they are 57 % more affordable than the average price for Red Oak. The properties with the highest average price have 3 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 4 bedrooms priced at $360,750.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $97 / sq.feet, with an average $132 / sq.feet price in Red Oak. The properties with the highest average prices have 3 bedrooms. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $129 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $348,720 it is 20 % cheaper than the average price in Red Oak. "House" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $297,202 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $67 / sq.feet followed by "Apartment" priced at $95 / sq.feet. "House" is the cheapest type of property with a $125 / sq.feet value followed by "Apartment" with an average price of $95 / sq.feet.