The prices in real estate in Floydada, 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 Floydada has increased strongly during the last 6 months. In November, the average price per sq.feet was $68. In the following month the price per sq.feet increased to $74. In the following two months the price per sq.feet has increased 111 %, going from $71 to $78.5 per sq.feet. The price per sq.feet has had a considerable increase of 306 % 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 $74.75 to $229 during March, and April.
Based upon to the price in Floydada (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $117,487. During December the price went through a considerable rise reaching $141,118. During the following two months (January, February) the average price had a considerable increase of 136 % 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 153 % during the last two months.