The prices in real estate in San Juan, 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 San Juan has increased strongly during the last 6 months. In February, the average price per sq.feet was $97. In March this price pretty much remained the same at a value of $98 per sq.feet. The price for the following two months in (April, May) had a considerable decrease of 49 with regard to the prior two months. The price per sq.feet has had a considerable increase of 757 % 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 $72.75 to $550.5 during June, and July.
Based upon to the price in San Juan (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $182,380. In March This price remains at $184,620. During the following two months (April, May) the average price had a considerable reduction of 51 % 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 589 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $785,100 they are 79 % more affordable than the average price for San Juan. The properties with the lowest average price have 1 bedroom, Their price is 23 % cheaper than the average. After that we have properties with 2 bedrooms priced at $262,000.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $75 / sq.feet, with an average $527 / sq.feet price in San Juan. The properties with the lowest average prices have 1 bedroom. They are 24 % cheaper than the average followed by properties with 2 bedrooms with a price at $200 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $785,100 it is 79 % cheaper than the average price in San Juan. "Villa" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "Villa". At a price of $332,898 it is 35 % 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 $75 / sq.feet followed by "Commercial Property" priced at $166 / sq.feet. "Villa" is the cheapest type of property with a $212 / sq.feet value followed by "Commercial Property" with an average price of $166 / sq.feet.