The prices in real estate in Royse City, 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 Royse City has increased strongly during the last 6 months. In October, the average price per sq.feet was $196. In the following month the price per sq.feet increased considerably to $234. The price for the following two months in (December, January) had a considerable increment of 134 %. The price per sq.feet has had a considerable deflation of 83 % 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 $251.75 to $208 during February, and March.
Based upon to the price in Royse City (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $380,357. In November This price remains at $387,424. During the following two months (December, January) the price has had an average incrementation from $383,890.5 to $410,039.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $396,965 to $373,788.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $367,890 they are 48 % more affordable than the average price for Royse City. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 2 bedrooms priced at $375,166.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $174 / sq.feet, with an average $175 / sq.feet price in Royse City. The properties with the highest average prices have 1 bedroom. They are 796 % more expensive than the average followed by properties with 2 bedrooms with a price at $481 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most costly one. At an cost of $367,890 it is 7 % more expensive than the average price in Royse City. "House" is seen as the second dearest property type. The dearest property type is "Land" followed by "House". At a price of $399,706 it is 78 % 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 $155 / sq.feet followed by "Detached House" priced at $179 / sq.feet. "Land" is the most costly type of property with a $39,688 / sq.feet cost followed by "Detached House" with an average price of $179 / sq.feet.