Property prices for sale in Sandia (Texas)
The prices in real estate in Sandia, 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 Sandia has increased strongly during the last 6 months. In October, the average price per sq.feet was $170. In the following month the price per sq.feet increased considerably to $887. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 295 % 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 $511.75 to $1,511.5 during February, and March.
Based upon to the price in Sandia (cities), these have remained the same in the last 6 months. The average price for October is $353,761. During November the price had a slight fall till $309,400. During the following two months (December, January) the price has had an average incrementation from $331,580.5 to $369,494.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $350,537.5 to $321,153 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 $310,624 they are 63 % more affordable than the average price for Sandia. The properties with the highest average price have 4 bedrooms, Their price is 70 % more costly than the average. After that we have properties with 3 bedrooms priced at $395,609.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $135 / sq.feet, with an average $2,454 / sq.feet price in Sandia. The properties with the lowest average prices have 3 bedrooms. They are 92 % cheaper than the average followed by properties with 4 bedrooms with a price at $190 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $310,624 it is 32 % cheaper than the average price in Sandia. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial Property". At a price of $238,616 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $50 / sq.feet followed by "House" priced at $177 / sq.feet. "Land" is the most costly type of property with a $28,994 / sq.feet cost followed by "House" with an average price of $177 / sq.feet.
