Property prices for sale in Wharton (Texas)
The prices in real estate in Wharton, 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 Wharton has increased strongly during the last 6 months. In October, the average price per sq.feet was $124. In the following month the price per sq.feet increased considerably to $2,108. The price for the following two months in (December, January) had a considerable decrease of 24 with regard to the prior two months. The price per sq.feet has had a considerable increase of 503 % 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 $691.5 to $3,477.5 during February, and March.
Based upon to the price in Wharton (cities), this has gone up considerably in the last 6 months. The price in October is $224,090, rising in November till $256,463. During the following two months (December, January) the price has had an average incrementation from $240,276.5 to $273,689.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $279,828 they are 49 % more affordable than the average price for Wharton. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $271,759.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $114 / sq.feet, with an average $3,502 / sq.feet price in Wharton. The properties with the lowest average prices have 3 bedrooms. They are 96 % cheaper than the average followed by properties with 4 bedrooms with a price at $123 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $279,828 it is 3 % cheaper than the average price in Wharton. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Land". At a price of $309,794 it is 43 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $129 / sq.feet followed by "Detached House" priced at $153 / sq.feet. "Land" is the most costly type of property with a $47,556 / sq.feet cost followed by "Detached House" with an average price of $153 / sq.feet.
