The prices in real estate in Alice, 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 Alice has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,187. In the following month the price per sq.feet increased considerably to $2,329. The price for the following two months in (December, January) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 277 % 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 $879 to $2,430.5 during February, and March.
Based upon to the price in Alice (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $2,127,753. In November This price remains at $2,076,253. During the following two months (December, January) the average price had a considerable reduction of 0 % 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 $1,051,001.5 to $629,833.5, which means a 60 % fall.