Property prices for sale in Sulphur Springs (Texas)
The prices in real estate in Sulphur Springs, in the Texas region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Sulphur Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was $201. In November this price pretty much remained the same at a value of $194 per sq.feet. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 202 % 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 $190 to $383.5 during February, and March.
Based upon to the price in Sulphur Springs (cities), these have remained the same in the last 6 months. The price in October is $416,254, rising in November till $451,716. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $416,495.25 to $389,932.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $409,383 they are 31 % more affordable than the average price for Sulphur Springs. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 1 bedroom priced at $388,063.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $183 / sq.feet, with an average $586 / sq.feet price in Sulphur Springs. The properties with the lowest average prices have 1 bedroom. They are 48 % cheaper than the average followed by properties with 2 bedrooms with a price at $217 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $409,383 it is 5 % cheaper than the average price in Sulphur Springs. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $472,150 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $174 / sq.feet followed by "House" priced at $181 / sq.feet. "Land" is the most costly type of property with a $38,126 / sq.feet cost followed by "House" with an average price of $181 / sq.feet.
