The prices in real estate in Elm Mott, 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 Elm Mott has increased strongly during the last 6 months. In November, the average price per sq.feet was $2,388. In the following month the price per sq.feet decreased considerably to $567. The price for the following two months in (January, February) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable increase of 445 % 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 $1,276 to $5,675 during March, and April.
Based upon to the price in Elm Mott (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $273,277. In December This price remains at $286,413. During the following two months (January, February) the price has had an average incrementation from $279,845 to $319,233. Based on an analysis of the first four prices and the last two months the average price has risen strongly 141 % during the last two months.