The prices in real estate in Adkins, in the Texas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Adkins has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $9,133. In the following month the price per sq.feet decreased to $7,864. The price for the following two months in (April, May) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $4,303.75 to $33 during June, and July.
Based upon to the price in Adkins (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $246,686. In March This price remains at $241,175. During the following two months (April, May) the average price fell 90 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $231,579 to $53,575, which means a 23 % fall.