The prices in real estate in Bagwell, 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 Bagwell has increased strongly during the last 6 months. In November, the average price per sq.feet was $4,826. In the following month the price per sq.feet increased to $5,386. In the following two months the price per sq.feet has increased 110 %, going from $5,106 to $5,634.5 per sq.feet. The price per sq.feet has increased 107 % 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 $5,370.25 to $5,724.5 during March, and April.
Based upon to the price in Bagwell (cities), this has fallen considerably in the last 6 months. The average price for November is $1,361,414. During December the price had a considerable reduction till $854,513. During the following two months (January, February) the average price had a considerable reduction of 79 % 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 $989,911.25 to $235,797.5, which means a 24 % fall.