The prices in real estate in Shallowater, 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 Shallowater has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $2,563. In the following month the price per sq.feet decreased considerably to $166. The price for the following two months in (January, February) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable increase of 317 % 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 $761 to $2,409.5 during March, and April.
Based upon to the price in Shallowater (cities), this has gone up in the last 6 months. The price in November is $316,076, rising in December till $344,779. In the following two months the average price has remained the same with regard to the previous two months from $330,427.5 to $345,238. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $359,557 they are 12 % more affordable than the average price for Shallowater. The properties with the lowest average price have 1 bedroom, Their price is 11 % cheaper than the average. After that we have properties with 2 bedrooms priced at $316,921.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $67 / sq.feet, with an average $302 / sq.feet price in Shallowater. The properties with the lowest average prices have 1 bedroom. They are 76 % cheaper than the average followed by properties with 2 bedrooms with a price at $67 / sq.feet.
With regard to the average price based upon the property in Shallowater we can see that the cheapest property type is "House" at a price of $316,921, they are 12 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 12 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $67 / sq.feet. "House" with an average cost of $67 / sq.feet has the lowest price and would be directed at less affluent cities.