The prices in real estate in Tyler, 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 Tyler has increased during the last 6 months. In October, the average price per sq.feet was $112. In the following month the price per sq.feet increased to $119. In the following two months the price per sq.feet has barely changed, going from $115.5 to $118 per sq.feet. The price per sq.feet has increased 108 % 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 $116.75 to $126 during February, and March.
Based upon to the price in Tyler (cities), this has gone up considerably in the last 6 months. The price in October is $267,765, rising in November till $294,964. In the following two months the average price has remained the same with regard to the previous two months from $281,364.5 to $286,602.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % 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 $371,411 they are 74 % more affordable than the average price for Tyler. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $242,779.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $91 / sq.feet, with an average $130 / sq.feet price in Tyler. The properties with the highest average prices have 4 bedrooms. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $117 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $371,411 it is 21 % cheaper than the average price in Tyler. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $298,027 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $101 / sq.feet followed by "Detached House" priced at $107 / sq.feet. "House" is the cheapest type of property with a $117 / sq.feet value followed by "Detached House" with an average price of $107 / sq.feet.