The prices in real estate in Splendora, 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 Splendora has increased during the last 6 months. In December, the average price per sq.feet was $137. In the following month the price per sq.feet increased to $146. In the following two months the price per sq.feet has barely changed, going from $141.5 to $148 per sq.feet. The price per sq.feet has increased 105 % 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 $144.75 to $152 during April, and May.
Based upon to the price in Splendora (cities), this has gone up considerably in the last 6 months. The average price for December is $277,063. During January the price had a slight fall till $250,583. During the following two months (February, March) the average price had a considerable increase of 121 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $359,328 they are 49 % more affordable than the average price for Splendora. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at $264,514.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $107 / sq.feet, with an average $155 / sq.feet price in Splendora. The properties with the highest average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 4 bedrooms with a price at $119 / sq.feet.
The graph displaying the average prices displays the property type "Mobile Home" as the most affordable one. At an cost of $359,328 it is 40 % cheaper than the average price in Splendora. "House" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $239,085 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Mobile Home" at an average cost of $58 / sq.feet followed by "Land" priced at $91 / sq.feet. "House" is the cheapest type of property with a $116 / sq.feet value followed by "Land" with an average price of $91 / sq.feet.