The prices in real estate in Caliente, in the Nevada 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 Caliente has increased strongly during the last 6 months. In November, the average price per sq.feet was $206. In the following month the price per sq.feet increased considerably to $1,253. The price for the following two months in (January, February) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable increase of 648 % 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 $488.5 to $3,164.5 during March, and April.
Based upon to the price in Caliente (cities), this has gone up in the last 6 months. The price in November is $593,169, rising in December till $634,615. During the following two months (January, February) the average price had a considerable increase of 134 % 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 $719,786.5 to $472,415.5, which means a 66 % fall.