The prices in real estate in Robstown, 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 Robstown has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $1,719. In the following month the price per sq.feet decreased considerably to $1,007. The price for the following two months in (November, December) had a considerable decrease of 10 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 54 % 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 $750.5 to $406.5 during January, and February.
Based upon to the price in Robstown (cities), this has fallen considerably in the last 6 months. The average price for September is $3,275,984. During October the price had a considerable reduction till $1,947,091. During the following two months (November, December) the average price had a considerable reduction of 11 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,446,843 to $662,450, which means a 46 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,085,057 they are 72 % more affordable than the average price for Robstown. The properties with the lowest average price have 1 bedroom, Their price is 72 % cheaper than the average. After that we have properties with 2 bedrooms priced at $303,121.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $209 / sq.feet, with an average $704 / sq.feet price in Robstown. The properties with the lowest average prices have 1 bedroom. They are 70 % cheaper than the average followed by properties with 2 bedrooms with a price at $209 / sq.feet.
With regard to the average price based upon the property in Robstown we can see that the cheapest property type is "House" at a price of $303,121, they are 72 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 72 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $209 / sq.feet. "House" with an average cost of $209 / sq.feet has the lowest price and would be directed at less affluent cities.