The prices in real estate in Whitewright, 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 Whitewright has increased strongly during the last 6 months. In October, the average price per sq.feet was $251. In the following month the price per sq.feet increased considerably to $2,669. The price for the following two months in (December, January) had a considerable increment of 128 %. The price per sq.feet has had a considerable increase of 584 % 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 $1,667 to $9,735 during February, and March.
Based upon to the price in Whitewright (cities), these have remained the same in the last 6 months. The average price for October is $535,729. During November the price had a slight fall till $456,437. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 139 % 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 $615,108 they are 82 % more affordable than the average price for Whitewright. The properties with the lowest average price have 3 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 4 bedrooms priced at $462,438.
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 $12,211 / sq.feet price in Whitewright. The properties with the lowest average prices have 3 bedrooms. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $196 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $615,108 it is 62 % cheaper than the average price in Whitewright. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $232,154 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $152 / sq.feet followed by "House" priced at $208 / sq.feet. "House" is the cheapest type of property with a $208 / sq.feet value followed by "Commercial" with an average price of $152 / sq.feet.