The prices in real estate in Big Wells, 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 Big Wells has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,402. In the following month the price per sq.feet decreased considerably to $836. The price for the following two months in (January, February) had a considerable increment of 125 %. The price per sq.feet has decreased 88 % 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 $1,261 to $1,104.5 during March, and April.
Based upon to the price in Big Wells (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $131,660. In December This price remains at $136,233. In the following two months the average price has remained the same with regard to the previous two months from $133,946.5 to $139,560. Based on an analysis of the first four prices and the last two months the average price has risen strongly 379 % during the last two months.