The prices in real estate in Whitney, 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 Whitney has increased strongly during the last 6 months. In December, the average price per sq.feet was $101. In January this price pretty much remained the same at a value of $102 per sq.feet. The price for the following two months in (February, March) had a considerable increment of 119 %. The price per sq.feet has increased 111 % 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 $111 to $123.5 during April, and May.
Based upon to the price in Whitney (cities), this has gone up considerably in the last 6 months. The average price for December is $193,440. During January the price had a slight fall till $180,842. During the following two months (February, March) the average price had a considerable increase of 129 % 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 gone up 105 % 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 $201,399 they are 38 % more affordable than the average price for Whitney. The properties with the highest average price have 4 bedrooms, Their price is 158 % more costly than the average. After that we have properties with 3 bedrooms priced at $228,382.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $117 / sq.feet, with an average $119 / sq.feet price in Whitney. The properties with the highest average prices have 4 bedrooms. They are 23 % more expensive than the average followed by properties with 1 bedroom with a price at $143 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $201,399 it is 22 % cheaper than the average price in Whitney. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $156,319 it is 55 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $65 / sq.feet followed by "House" priced at $133 / sq.feet. "House" is the most costly type of property with a $133 / sq.feet cost followed by "Townhouse" with an average price of $65 / sq.feet.