The prices in real estate in Slaton, 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 Slaton has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $133. In the following month the price per sq.feet decreased to $121. The price for the following two months in (December, January) decreased 85 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $117.75 to $97.5 during February, and March.
Based upon to the price in Slaton (cities), this has fallen considerably in the last 6 months. The average price for October is $267,723. During November the price had a considerable reduction till $205,061. During the following two months (December, January) the average price fell 87 % 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 $220,949 to $171,662, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $173,406 they are 12 % more affordable than the average price for Slaton. The properties with the highest average price have 1 bedroom, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $156,704.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $14 / sq.feet, with an average $100 / sq.feet price in Slaton. The properties with the lowest average prices have 1 bedroom. They are 40 % cheaper than the average followed by properties with 3 bedrooms with a price at $39 / sq.feet.
With regard to the average price based upon the property in Slaton we can see that the cheapest property type is "House" at a price of $152,821, 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 $14 / sq.feet. "House" with an average cost of $14 / sq.feet has the lowest price and would be directed at less affluent cities.