The average price in the Texas region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Texas has increased in the last 6 months. During April, the average price per sq.feet was $192. The following month (May) the price had a considerable increase reaching $226 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $209 to $211 per sq.feet. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $210 to $216 during August and September.
Based upon to the price in Texas(region), this has increased considerably in the last 6 months. In the first month sample for April the average price is $390,308. During May it went through a strong inflation reaching $472,494 The average price for the following two months (June, July) increased from $431,401 to $472,947.5. During the last two months the price has risen 106 % compared to the previous average values going from $452,174.25 a $478,896 in August and September.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 41 % more affordable than the average price in Texas followed by those with 2 with an average price of $319,070. The most costly properties have 4 bedrooms. They are 6 % more expensive than the average followed by those properties with 3 bedrooms priced at $384,732.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $194 / sq.feet being $228 / sq.feet the average value within the Texas region. The properties with the most expensive average price are those with 1 bedroom. These are 53 % more costly than the average followed by those with 2 bedrooms with a price of $265 / sq.feet.
The graph displaying the average price according to the property type shows "Condo" as the cheapest one. With an average cost of $470,820 it is 16 % more affordable than the average in Texas. This is followed by "House" with a price of $421,969. The dearest property type is "Commercial" and is 58 % more expensive than the average, followed by "Land" with a cost of $557,035.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $161 / sq.feet, followed by "House" with a price of $192 / sq.feet. "Land" with an average price of $1,394 / sq.feet is the most costly type of property followed by "Condo" at a price of $330 / sq.feet.