The prices in real estate in Troup, 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 Troup has increased strongly during the last 6 months. In November, the average price per sq.feet was $127. In the following month the price per sq.feet increased considerably to $742. The price for the following two months in (January, February) had a considerable increment of 736 %. The price per sq.feet has had a considerable deflation of 82 % 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 $1,816.25 to $1,496 during March, and April.
Based upon to the price in Troup (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $317,156. During December the price went through a considerable rise reaching $1,561,302. During the following two months (January, February) the average price had a considerable increase of 124 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,051,008.75 to $242,450, which means a 23 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 40 % more costly than the average price of $297,097 in Troup. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 40 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 95 % cheaper than the average price of ($108 / sq.feet) in Troup. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 95 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Office" as the most costly one. At an cost of $212,115 it is 30 % more expensive than the average price in Troup. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Office". At a price of $275,749 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $88 / sq.feet followed by "House" priced at $108 / sq.feet. "House" is the cheapest type of property with a $108 / sq.feet value followed by "Office" with an average price of $88 / sq.feet.