Property prices for sale in Somerville (Texas)
The prices in real estate in Somerville, 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 Somerville has increased strongly during the last 6 months. In October, the average price per sq.feet was $187. In the following month the price per sq.feet increased considerably to $6,621. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 156 % 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 $3,180.25 to $4,953.5 during February, and March.
Based upon to the price in Somerville (cities), these have remained the same in the last 6 months. The average price for October is $296,189. During November the price had a slight fall till $274,046. In the following two months the average price has remained the same with regard to the previous two months from $285,117.5 to $293,505. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $289,311.25 and $281,283.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $269,809 they are 32 % more affordable than the average price for Somerville. The properties with the highest average price have 4 bedrooms, Their price is 131 % more costly than the average. After that we have properties with 3 bedrooms priced at $259,521.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $143 / sq.feet, with an average $5,884 / sq.feet price in Somerville. The properties with the lowest average prices have 1 bedroom. They are 89 % cheaper than the average followed by properties with 4 bedrooms with a price at $228 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $269,809 it is 32 % cheaper than the average price in Somerville. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $289,677 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $179 / sq.feet followed by "Detached House" priced at $205 / sq.feet. "Land" is the most costly type of property with a $38,399 / sq.feet cost followed by "Detached House" with an average price of $205 / sq.feet.
