Property prices for sale in Vernon (Texas)
The prices in real estate in Vernon, 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 Vernon has increased strongly during the last 6 months. In October, the average price per sq.feet was $87. In November this price pretty much remained the same at a value of $89 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 116 %. The price per sq.feet has had a considerable increase of 399 % 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 $95 to $379.5 during February, and March.
Based upon to the price in Vernon (cities), this has gone up in the last 6 months. The average price for October is $164,961. During November the price had a slight fall till $156,238. During the following two months (December, January) the average price had a considerable increase of 126 % with regard to the previous two months. 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 $181,684.25 and $190,164 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $184,786 they are 36 % more affordable than the average price for Vernon. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $169,851.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $24 / sq.feet, with an average $448 / sq.feet price in Vernon. The properties with the lowest average prices have 3 bedrooms. They are 82 % cheaper than the average followed by properties with 2 bedrooms with a price at $76 / sq.feet.
With regard to the average price based upon the property in Vernon we can see that the cheapest property type is "House" at a price of $132,334, they are 28 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 28 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $81 / sq.feet. "House" with an average cost of $81 / sq.feet has the lowest price and would be directed at less affluent cities.
