The prices in real estate in Lott, 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 Lott has increased strongly during the last 6 months. In November, the average price per sq.feet was $3,126. In the following month the price per sq.feet increased considerably to $4,176. In the following two months the price per sq.feet has barely changed, going from $3,651 to $3,524 per sq.feet. The price per sq.feet has had a considerable increase of 147 % 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 $3,587.5 to $5,289 during March, and April.
Based upon to the price in Lott (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $371,494. In December This price remains at $378,089. During the following two months (January, February) the average price had a considerable increase of 127 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $424,728.75 to $288,472, which means a 68 % fall.