Property prices for sale in Smithville (Texas)
The prices in real estate in Smithville, 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 Smithville has increased strongly during the last 6 months. In November, the average price per sq.feet was $3,148. In the following month the price per sq.feet decreased considerably to $2,110. 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 760 % 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 $1,475.75 to $11,219 during March, and April.
Based upon to the price in Smithville (cities), this has gone downing the last 6 months. The average price for November is $572,605. During December the price had a considerable reduction till $485,594. During the following two months (January, February) the price has had an average incrementation from $529,099.5 to $590,380.5. During the last two months the average price has had a strong fall compared to the previous four going from $559,740 to $434,038.5, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $455,024 they are 4 % more affordable than the average price for Smithville. The properties with the highest average price have 4 bedrooms, Their price is 108 % more costly than the average. After that we have properties with 1 bedroom priced at $731,667.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $252 / sq.feet, with an average $8,043 / sq.feet price in Smithville. The properties with the lowest average prices have 1 bedroom. They are 92 % cheaper than the average followed by properties with 2 bedrooms with a price at $450 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $455,024 it is 32 % cheaper than the average price in Smithville. "House" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Commercial". At a price of $693,423 it is 423 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $225 / sq.feet followed by "House" priced at $256 / sq.feet. "Land" is the most costly type of property with a $175,563 / sq.feet cost followed by "Farm" with an average price of $834 / sq.feet.
