The prices in real estate in Burwell, in the Nebraska 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 Burwell has increased strongly during the last 6 months. In November, the average price per sq.feet was $619. In the following month the price per sq.feet increased considerably to $739. The price for the following two months in (January, February) had a considerable increment of 973 %. The price per sq.feet has had a considerable increase of 169 % 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 $3,644.25 to $6,167 during March, and April.
Based upon to the price in Burwell (cities), this has fallen considerably in the last 6 months. The average price for November is $342,014. During December the price had a slight fall till $320,564. During the following two months (January, February) the average price had a considerable reduction of 32 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 142 % during the last two months.