The prices in real estate in Texarkana, in the Texas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Texarkana has increased during the last 6 months. In February, the average price per sq.feet was $84. In March this price pretty much remained the same at a value of $88 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $86 to $93.5 per sq.feet. The price per sq.feet has increased 115 % 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 $89.75 to $103 during June, and July.
Based upon to the price in Texarkana (cities), this has gone up considerably in the last 6 months. The price in February is $180,314, rising in March till $196,466. During the following two months (April, May) the average price had a considerable increase of 117 % 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 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $225,476 they are 73 % more affordable than the average price for Texarkana. The properties with the lowest average price have 1 bedroom, Their price is 9 % cheaper than the average. After that we have properties with 4 bedrooms priced at $167,788.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $60 / sq.feet, with an average $114 / sq.feet price in Texarkana. The properties with the lowest average prices have 1 bedroom. They are 26 % cheaper than the average followed by properties with 4 bedrooms with a price at $80 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $225,476 it is 75 % cheaper than the average price in Texarkana. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $60,500 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $46 / sq.feet followed by "Duplex" priced at $47 / sq.feet. "House" is the cheapest type of property with a $80 / sq.feet value followed by "Office" with an average price of $59 / sq.feet.