Property prices for sale in South Padre Island (Texas)
The prices in real estate in South Padre Island, in the Texas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in South Padre Island has increased during the last 6 months. In November, the average price per sq.feet was $413. In the following month the price per sq.feet increased to $441. In the following two months the price per sq.feet has barely changed, going from $427 to $430 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $428.5 to $440 during March y April
Based upon to the price in South Padre Island (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $773,552. During December the price went through a considerable rise reaching $921,017. In the following two months the average price has remained the same with regard to the previous two months from $847,284.5 to $838,344.5. 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 $842,814.5 to $755,934 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $878,271 they are 73 % more affordable than the average price for South Padre Island. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $871,603.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $393 / sq.feet, with an average $453 / sq.feet price in South Padre Island. The properties with the lowest average prices have 3 bedrooms. They are 1 % cheaper than the average followed by properties with 4 bedrooms with a price at $441 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $878,271 it is 91 % cheaper than the average price in South Padre Island. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $573,610 it is 72 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $278 / sq.feet followed by "Condo" priced at $406 / sq.feet. "House" is the most costly type of property with a $469 / sq.feet cost followed by "Condo" with an average price of $406 / sq.feet.
