The prices in real estate in Palo Pinto, in the Texas region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Palo Pinto has fallen in the last 6 months. In November, the average price per sq.feet was $17,585. In December this price pretty much remained the same at a value of $18,312 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has had a considerable increase of 132 % 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 $14,695.25 to $19,394 during March, and April.
Based upon to the price in Palo Pinto (cities), this has gone downing the last 6 months. The price in November is $531,039, rising in December till $558,654. In the following two months the average price has remained the same with regard to the previous two months from $544,846.5 to $527,642. During the last two months the average price has had a strong fall compared to the previous four going from $536,244.25 to $428,655.5, which means a 80 % fall.