The prices in real estate in Alba, 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 Alba has increased strongly during the last 6 months. In October, the average price per sq.feet was $229. In the following month the price per sq.feet increased considerably to $999. In the following two months the price per sq.feet has increased 105 %, going from $614 to $646.5 per sq.feet. The price per sq.feet has had a considerable increase of 715 % 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 $630.25 to $4,507.5 during February, and March.
Based upon to the price in Alba (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $448,089. In November This price remains at $444,138. In the following two months the average price has remained the same with regard to the previous two months from $446,113.5 to $451,043.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.