The prices in real estate in Alvarado, 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 Alvarado has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $164. In the following month the price per sq.feet decreased to $153. In the following two months the price per sq.feet has barely changed, going from $158.5 to $158.5 per sq.feet. The price per sq.feet has had a considerable deflation of 53 % 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 $158.5 to $84.5 during August, and September.
Based upon to the price in Alvarado (cities), this has fallen considerably in the last 6 months. The average price for April is $285,601. During May the price had a slight fall till $264,946. During the following two months (June, July) the price has had an average incrementation from $275,273.5 to $293,651.5. During the last two months the average price has had a strong fall compared to the previous four going from $284,462.5 to $166,540.5, which means a 59 % fall.