The prices in real estate in Pachuta, in the Mississippi 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 Pachuta has increased strongly during the last 6 months. In November, the average price per sq.feet was $167. In the following month the price per sq.feet decreased to $156. In the following two months the price per sq.feet has increased 105 %, going from $161.5 to $170 per sq.feet. The price per sq.feet has had a considerable increase of 203 % 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 $165.75 to $336 during March, and April.
Based upon to the price in Pachuta (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $209,513. During December the price went through a considerable rise reaching $260,559. During the following two months (January, February) the average price had a considerable increase of 189 % 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 $340,015.25 to $232,845, which means a 68 % fall.