The prices in real estate in Eagle Lake, in the Texas 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 Eagle Lake has increased strongly during the last 6 months. In October, the average price per sq.feet was $186. In the following month the price per sq.feet increased considerably to $10,522. The price for the following two months in (December, January) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable increase of 156 % 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 $4,633 to $7,221.5 during February, and March.
Based upon to the price in Eagle Lake (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $433,817. In November This price remains at $417,778. In the following two months the average price has remained the same with regard to the previous two months from $425,797.5 to $429,245. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $427,521.25 to $369,288.5 in February and March.