Property prices for sale in Petal (Mississippi)
The prices in real estate in Petal, 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 Petal has increased strongly during the last 6 months. In November, the average price per sq.feet was $682. In the following month the price per sq.feet decreased considerably to $156. The price for the following two months in (January, February) had a considerable increment of 257 %. The price per sq.feet has had a considerable increase of 223 % 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 $748.5 to $1,670.5 during March, and April.
Based upon to the price in Petal (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $258,361. In December This price remains at $254,359. In the following two months the average price has remained the same with regard to the previous two months from $256,360 to $257,339.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
