The prices in real estate in Moran, 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 Moran has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,963. In the following month the price per sq.feet increased considerably to $5,512. In the following two months the price per sq.feet has increased 111 %, going from $3,737.5 to $4,151.5 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $3,944.5 to $4,617 during March, and April.
Based upon to the price in Moran (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $644,657. In December This price remains at $631,813. During the following two months (January, February) the average price had a considerable increase of 210 % 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 148 % during the last two months.