The prices in real estate in Sulphur Springs, in the Texas region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Sulphur Springs has fallen in the last 6 months. In January, the average price per sq.feet was $219. In the following month the price per sq.feet decreased considerably to $178. In the following two months the price per sq.feet has increased 113 %, going from $198.5 to $225 per sq.feet. The price per sq.feet has decreased 87 % 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 $211.75 to $185 during May, and June.
Based upon to the price in Sulphur Springs (cities), this has fallen considerably in the last 6 months. The average price for January is $587,768. During February the price had a considerable reduction till $459,501. In the following two months the average price has remained the same with regard to the previous two months from $523,634.5 to $505,948. During the last two months the average price has had a strong fall compared to the previous four going from $514,791.25 to $412,043, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $379,802 they are 76 % more affordable than the average price for Sulphur Springs. The properties with the highest average price have 4 bedrooms, Their price is 104 % more costly than the average. After that we have properties with 3 bedrooms priced at $353,832.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $73 / sq.feet, with an average $175 / sq.feet price in Sulphur Springs. The properties with the lowest average prices have 4 bedrooms. They are 3 % cheaper than the average followed by properties with 1 bedroom with a price at $139 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $379,802 it is 36 % cheaper than the average price in Sulphur Springs. "Land" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Land". At a price of $579,590 it is 242 % 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 $87 / sq.feet followed by "Land" priced at $227 / sq.feet. "Farm" is the most costly type of property with a $382 / sq.feet cost followed by "Land" with an average price of $227 / sq.feet.