The prices in real estate in Christine, 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 Christine has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,297. In the following month the price per sq.feet decreased considerably to $1,763. In the following two months the price per sq.feet has barely changed, going from $2,530 to $2,496 per sq.feet. The price per sq.feet has decreased 92 % 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 $2,513 to $2,322.5 during March, and April.
Based upon to the price in Christine (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $941,889. In December This price remains at $964,667. During the following two months (January, February) the average price had a considerable reduction of 53 % 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 $728,951.5 to $88,990, which means a 12 % fall.