The prices in real estate in Rea, in the Missouri 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 Rea has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $85. In the following two months the price per sq.feet has barely changed, going from $42.5 to $42.5 per sq.feet. The price per sq.feet has had a considerable deflation of 0 % 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 $42.5 to during February, and March.
Based upon to the price in Rea (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $177,400. In the following two months the average price has remained the same with regard to the previous two months from $88,700 to $88,700. During the last two months the average price has had a strong fall compared to the previous four going from $88,700 to , which means a 0 % fall.