Property prices for sale in Southlake (Texas)
The prices in real estate in Southlake, in the Texas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Southlake has remained the same in the last 6 months. In December, the average price per sq.feet was $427. In January this price pretty much remained the same at a value of $442 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $434.5 to $465 per sq.feet. The price per sq.feet has decreased 95 % 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 $449.75 to $427 during April, and May.
Based upon to the price in Southlake (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $1,749,237. In January This price remains at $1,781,579. During the following two months (February, March) the average price had a considerable increase of 115 % with regard to the previous two months. 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 $1,897,959.5 and $1,976,187 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,903,212 they are 88 % more affordable than the average price for Southlake. The properties with the lowest average price have 4 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 2 bedrooms priced at $1,229,125.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $225 / sq.feet, with an average $402 / sq.feet price in Southlake. The properties with the highest average prices have 2 bedrooms. They are 80 % more expensive than the average followed by properties with 3 bedrooms with a price at $556 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,903,212 it is 50 % cheaper than the average price in Southlake. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $954,200 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $401 / sq.feet followed by "Apartment" priced at $936 / sq.feet. "Apartment" is the most costly type of property with a $936 / sq.feet cost followed by "House" with an average price of $401 / sq.feet.
