Property prices for sale in Sweetwater (Texas)
The prices in real estate in Sweetwater, 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 Sweetwater has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $489. In the following month the price per sq.feet decreased considerably to $140. The price for the following two months in (January, February) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 71 % 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 $201.25 to $143 during March, and April.
Based upon to the price in Sweetwater (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $184,267. During December the price went through a considerable rise reaching $220,303. During the following two months (January, February) the average price had a considerable reduction of 76 % 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 gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $201,375 they are 76 % more affordable than the average price for Sweetwater. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $191,353.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $61 / sq.feet, with an average $105 / sq.feet price in Sweetwater. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 4 bedrooms with a price at $86 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $201,375 it is 7 % cheaper than the average price in Sweetwater. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $186,750 it is 26 % 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 $96 / sq.feet followed by "Land" priced at $21,317 / sq.feet. "Land" is the most costly type of property with a $21,317 / sq.feet cost followed by "House" with an average price of $96 / sq.feet.
