Property prices for sale in Stephenville (Texas)
The prices in real estate in Stephenville, in the Texas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Stephenville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,834. In November this price pretty much remained the same at a value of $1,918 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 57 with regard to the prior two months. The price per sq.feet has had a considerable increase of 123 % 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 $1,473.75 to $1,811 during February, and March.
Based upon to the price in Stephenville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $486,199. During November the price went through a considerable rise reaching $646,587. In the following two months the average price has remained the same with regard to the previous two months from $566,393 to $580,443. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $573,418 to $498,249.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $449,987 they are 54 % more affordable than the average price for Stephenville. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $420,216.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $256 / sq.feet, with an average $2,441 / sq.feet price in Stephenville. The properties with the lowest average prices have 1 bedroom. They are 87 % cheaper than the average followed by properties with 2 bedrooms with a price at $277 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $449,987 it is 32 % cheaper than the average price in Stephenville. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Land". At a price of $525,696 it is 77 % 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 $103 / sq.feet followed by "Townhouse" priced at $187 / sq.feet. "Land" is the most costly type of property with a $35,518 / sq.feet cost followed by "House" with an average price of $204 / sq.feet.
