The prices in real estate in San Marcos, 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 Marcos has increased strongly during the last 6 months. In November, the average price per sq.feet was $181. In December this price pretty much remained the same at a value of $184 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $182.5 to $203.5 per sq.feet. The price per sq.feet has had a considerable increase of 126 % 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 $193 to $243 during March, and April.
Based upon to the price in San Marcos (cities), this has gone up considerably in the last 6 months. The price in November is $342,662, rising in December till $363,758. During the following two months (January, February) the price has had an average incrementation from $353,210 to $391,197. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $469,296 they are 20 % more affordable than the average price for San Marcos. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 2 bedrooms priced at $449,897.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $232 / sq.feet, with an average $241 / sq.feet price in San Marcos. The properties with the highest average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 2 bedrooms with a price at $280 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $469,296 it is 41 % cheaper than the average price in San Marcos. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $463,970 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $99 / sq.feet followed by "Townhouse" priced at $127 / sq.feet. "Condo" is the most costly type of property with a $291 / sq.feet cost followed by "House" with an average price of $239 / sq.feet.