The prices in real estate in Hondo, 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 Hondo has increased strongly during the last 6 months. In December, the average price per sq.feet was $204. In the following month the price per sq.feet decreased considerably to $149. The price for the following two months in (February, March) had a considerable increment of 725 %. The price per sq.feet has had a considerable increase of 119 % 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 $728 to $864.5 during April, and May.
Based upon to the price in Hondo (cities), this has gone up considerably in the last 6 months. The average price for December is $384,700. During January the price had a considerable reduction till $269,899. During the following two months (February, March) the average price had a considerable increase of 582 % 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 117 % during the last two months.