Property prices for sale in The Colony (Texas)
The prices in real estate in The Colony, 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 The Colony has increased during the last 6 months. In November, the average price per sq.feet was $242. In December this price pretty much remained the same at a value of $242 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $242 to $256 per sq.feet. The price per sq.feet has increased 105 % 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 $249 to $262.5 during March, and April.
Based upon to the price in The Colony (cities), these have remained the same in the last 6 months. The average price for November is $625,994. During December the price had a slight fall till $592,022. During the following two months (January, February) the price has had an average incrementation from $609,008 to $639,836. 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 2 bedrooms are the cheapest ones. At a price of $654,727 they are 49 % more affordable than the average price for The Colony. The properties with the lowest average price have 1 bedroom, Their price is 21 % cheaper than the average. After that we have properties with 4 bedrooms priced at $436,837.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $136 / sq.feet, with an average $256 / sq.feet price in The Colony. The properties with the lowest average prices have 2 bedrooms. They are 31 % cheaper than the average followed by properties with 1 bedroom with a price at $168 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $654,727 it is 26 % cheaper than the average price in The Colony. "House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $492,308 it is 23 % 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 $143 / sq.feet followed by "Apartment" priced at $163 / sq.feet. "Apartment" is the cheapest type of property with a $163 / sq.feet value followed by "Townhouse" with an average price of $143 / sq.feet.
