Property prices for sale in Monahans (Texas)

The price per sq.feet in Monahans has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $16,789. In the following month the price per sq.feet decreased considerably to $2,844. The price for the following two months in (January, February) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 25 % 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 $5,003.5 to $1,236 during March, and April.

Based upon to the price in Monahans (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $232,951. During December the price went through a considerable rise reaching $277,469. During the following two months (January, February) the average price had a considerable increase of 128 % 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 119 % during the last two months.