The prices in real estate in Pecan Gap, 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 Pecan Gap has increased strongly during the last 6 months. In November, the average price per sq.feet was $913. In the following month the price per sq.feet increased considerably to $3,919. The price for the following two months in (January, February) had a considerable increment of 301 %. The price per sq.feet has had a considerable increase of 164 % 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 $4,838.5 to $7,932.5 during March, and April.
Based upon to the price in Pecan Gap (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $1,150,125. During December the price went through a considerable rise reaching $1,391,667. During the following two months (January, February) the price has had an average incrementation from $1,270,896 to $1,355,925. During the last two months the average price has had a strong fall compared to the previous four going from $1,313,410.5 to $1,074,617, which means a 82 % fall.