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 October, the average price per sq.feet was $151. The following month (November) the price increased to $173 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $162 to $166 per sq.feet. In the last two months, the price per sq.feet has increased 108 %. This has been obtained by comparing the price $164 for the first four months of the sample with regard to the previous 4 months and the price $177 per sq.feet for the last two months (February, March).
Based upon to the price in Texas(region), these have remained the same in the last 6 months. The average price in October is $379,534. In November the price increased to $423,387. The average price for the following two months (December, January) decreased 93 % compared to the prior two. During the last two months the price has risen 106 % compared to the previous average values going from $387,364.5 a $411,143.5 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 56 % more affordable than the average price in Texas followed by those with 2 with an average price of $230,449. The cheapest properties have 4 bedrooms. They are 11 % cheaper than the average followed by those properties with 3 bedrooms priced at $275,383.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $148 / sq.feet being $186 / sq.feet the average value within the Texas region. The properties with the most expensive average price are those with 1 bedroom. These are 25 % more costly than the average followed by those with 2 bedrooms with a price of $176 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $436,148 it is 63 % more affordable than the average in Texas. This is followed by "Townhouse" with a price of $467,174. The dearest property type is "Commercial" and is 120 % more expensive than the average, followed by "House" with a cost of $762,863.
Based on the average cost per sq.feet the most costly property type is "House with a an average price of $216 / sq.feet, followed by "Townhouse" with a price of $222 / sq.feet. "Commercial" with an average price of $25,809 / sq.feet is the most costly type of property followed by "Land" at a price of $12,970 / sq.feet.