The average price in the Texas region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Texas has remained stagnant in the last 6 months. During March, the average price per sq.feet was $186. The following month the price decreased to $172 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $179 to $174.5 per sq.feet. In the last two months, the price per sq.feet has increased 114 %. This has been obtained by comparing the price $176.75 for the first four months of the sample with regard to the previous 4 months and the price $201.5 per sq.feet for the last two months (July, August).
Based upon to the price in Texas(region), these have remained the same in the last 6 months. March has an average price of $436,148. During April the price had a strong deflation till $360,055. In the following two months the average price didn't change much compared to the previous two going from $398,101.5 to $405,421.5. During the last two months the price has had a considerable increase of 115 % with respect to the previous four months going from $401,761.5 a $462,537.5.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 51 % more affordable than the average price in Texas followed by those with 2 with an average price of $311,292. The most costly properties have 4 bedrooms. They are 9 % more expensive than the average followed by those properties with 3 bedrooms priced at $337,527.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $182 / sq.feet being $205 / sq.feet the average value within the Texas region. The properties with the most expensive average price are those with 1 bedroom. These are 36 % more costly than the average followed by those with 2 bedrooms with a price of $221 / sq.feet.
The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of $467,086 it is 25 % more affordable than the average in Texas. This is followed by "Condo" with a price of $403,381. The dearest property type is "Commercial" and is 215 % more expensive than the average, followed by "Land" with a cost of $500,803.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $175 / sq.feet, followed by "House" with a price of $196 / sq.feet. "Land" with an average price of $40,881 / sq.feet is the most costly type of property followed by "Commercial" at a price of $36,398 / sq.feet.