The prices in real estate in Sherman, 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 Sherman has increased strongly during the last 6 months. In April, the average price per sq.feet was $115. In May this price pretty much remained the same at a value of $114 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 159 %. The price per sq.feet has had a considerable deflation of 74 % 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 $148 to $109 during August, and September.
Based upon to the price in Sherman (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $219,461. In May This price remains at $222,910. During the following two months (June, July) the price has had an average incrementation from $221,185.5 to $236,699.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $228,942.5 to $205,782 in August and September.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 1 % cheaper than the average price of $203,928 in Sherman. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 1 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 5 % cheaper than the average price of ($106 / sq.feet) in Sherman. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $206,845 it is 49 % cheaper than the average price in Sherman. "Apartment" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $203,928 it is 6 % 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 $55 / sq.feet followed by "Apartment" priced at $106 / sq.feet. "Condo" is the cheapest type of property with a $108 / sq.feet value followed by "Apartment" with an average price of $106 / sq.feet.