The prices in real estate in Seabrook, in the Texas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Seabrook has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $218. In the following month the price per sq.feet decreased to $195. The price for the following two months in (May, June) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has decreased 86 % 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 $184.5 to $159 during July, and August.
Based upon to the price in Seabrook (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $514,829. In April This price remains at $502,035. During the following two months (May, June) the average price had a considerable reduction of 72 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $437,076 to $359,803, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $377,602 they are 76 % more affordable than the average price for Seabrook. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $452,023.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $123 / sq.feet, with an average $160 / sq.feet price in Seabrook. The properties with the highest average prices have 3 bedrooms. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $198 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $377,602 it is 5 % more expensive than the average price in Seabrook. "Condo" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "House". At a price of $882,881 it is 155 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $126 / sq.feet followed by "Apartment" priced at $282 / sq.feet. "House" is the most costly type of property with a $998 / sq.feet cost followed by "Condo" with an average price of $296 / sq.feet.