The prices in real estate in Teague, 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 Teague has increased strongly during the last 6 months. In October, the average price per sq.feet was $132. In the following month the price per sq.feet increased considerably to $1,092. In the following two months the price per sq.feet has barely changed, going from $612 to $608.5 per sq.feet. The price per sq.feet has had a considerable increase of 394 % 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 $610.25 to $2,403.5 during February, and March.
Based upon to the price in Teague (cities), this has gone up in the last 6 months. The price in October is $228,941, rising in November till $250,789. In the following two months the average price has remained the same with regard to the previous two months from $239,865 to $239,253. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $239,559 and $250,082 between 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 $242,270 they are 48 % more affordable than the average price for Teague. The properties with the highest average price have 4 bedrooms, Their price is 108 % more costly than the average. After that we have properties with 3 bedrooms priced at $193,990.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $3,472 / sq.feet price in Teague. The properties with the lowest average prices have 4 bedrooms. They are 95 % cheaper than the average followed by properties with 1 bedroom with a price at $128 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $242,270 it is 19 % cheaper than the average price in Teague. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $197,015 it is 12 % 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 $137 / sq.feet followed by "Land" priced at $14,949 / sq.feet. "Land" is the most costly type of property with a $14,949 / sq.feet cost followed by "House" with an average price of $137 / sq.feet.