Property prices for sale in New Home (Texas)

The price per sq.feet in New Home has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $9,768. In the following month the price per sq.feet decreased considerably to $5,949. The price for the following two months in (January, February) had a considerable decrease of 3 with regard to the prior two months. The price per sq.feet has had a considerable increase of 168 % 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 $4,040.5 to $6,791.5 during March, and April.

Based upon to the price in New Home (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $417,975. During December the price went through a considerable rise reaching $683,600. During the following two months (January, February) the average price had a considerable increase of 154 % 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 $698,416.75 to $564,577.5, which means a 81 % fall.