The prices in real estate in Vidor, 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 Vidor has increased strongly during the last 6 months. In October, the average price per sq.feet was $120. In the following month the price per sq.feet increased considerably to $970. The price for the following two months in (December, January) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has had a considerable increase of 411 % 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 $449.5 to $1,849 during February, and March.
Based upon to the price in Vidor (cities), this has gone downing the last 6 months. The average price for October is $225,017. During November the price had a slight fall till $205,685. In the following two months the average price has remained the same with regard to the previous two months from $215,351 to $211,681. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $213,516 to $200,498 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $203,829 they are 82 % more affordable than the average price for Vidor. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 3 bedrooms priced at $199,828.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $41 / sq.feet, with an average $1,860 / sq.feet price in Vidor. The properties with the lowest average prices have 4 bedrooms. They are 93 % cheaper than the average followed by properties with 3 bedrooms with a price at $110 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $203,829 it is 23 % cheaper than the average price in Vidor. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $156,183 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $46 / sq.feet followed by "House" priced at $113 / sq.feet. "House" is the cheapest type of property with a $113 / sq.feet value followed by "Detached House" with an average price of $46 / sq.feet.