The prices in real estate in Buffalo Gap, 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 Buffalo Gap has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $3,876. In the following month the price per sq.feet decreased considerably to $2,460. The price for the following two months in (May, June) had a considerable increment of 149 %. The price per sq.feet has had a considerable deflation of 5 % 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 $3,943.5 to $183 during July, and August.
Based upon to the price in Buffalo Gap (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $264,226. In April This price remains at $265,192. During the following two months (May, June) the price has had an average incrementation from $264,709 to $284,491. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $274,600 and $282,596 between July and August.