Property prices for sale in Santa Fe (Texas)
The prices in real estate in Santa Fe, 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 Santa Fe has increased strongly during the last 6 months. In October, the average price per sq.feet was $201. In the following month the price per sq.feet increased considerably to $1,726. The price for the following two months in (December, January) had a considerable decrease of 21 with regard to the prior two months. The price per sq.feet has had a considerable increase of 176 % 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 $583.5 to $1,027 during February, and March.
Based upon to the price in Santa Fe (cities), these have remained the same in the last 6 months. The average price for October is $402,763. During November the price had a slight fall till $366,859. In the following two months the average price has remained the same with regard to the previous two months from $384,811 to $366,542. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $415,274 they are 51 % more affordable than the average price for Santa Fe. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $384,705.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $149 / sq.feet, with an average $1,849 / sq.feet price in Santa Fe. The properties with the lowest average prices have 2 bedrooms. They are 87 % cheaper than the average followed by properties with 3 bedrooms with a price at $195 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $415,274 it is 8 % cheaper than the average price in Santa Fe. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $381,875 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $76 / sq.feet followed by "House" priced at $195 / sq.feet. "Land" is the most costly type of property with a $123,097 / sq.feet cost followed by "House" with an average price of $195 / sq.feet.
