The prices in real estate in George West, 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 George West has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,034. In the following month the price per sq.feet increased considerably to $1,298. The price for the following two months in (January, February) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $843.75 to $745 during March, and April.
Based upon to the price in George West (cities), this has gone downing the last 6 months. The average price for November is $318,859. During December the price had a slight fall till $300,298. In the following two months the average price has remained the same with regard to the previous two months from $309,578.5 to $323,490. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $316,534.25 to $276,787 in March and April.