Property prices for sale in Silsbee (Texas)
The prices in real estate in Silsbee, 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 Silsbee has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,525. In the following month the price per sq.feet decreased considerably to $1,124. The price for the following two months in (January, February) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 69 % 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 $1,124 to $776 during March, and April.
Based upon to the price in Silsbee (cities), this has gone up in the last 6 months. The price in November is $197,182, rising in December till $211,713. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % 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 $259,221 they are 48 % more affordable than the average price for Silsbee. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 1 bedroom priced at $334,450.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $162 / sq.feet price in Silsbee. The properties with the highest average prices have 1 bedroom. They are 69 % more expensive than the average followed by properties with 4 bedrooms with a price at $149 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $259,221 it is 52 % cheaper than the average price in Silsbee. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $235,275 it is 3 % 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 $2 / sq.feet followed by "Detached House" priced at $129 / sq.feet. "Land" is the most costly type of property with a $5,139 / sq.feet cost followed by "House" with an average price of $142 / sq.feet.
