The prices in real estate in Richland Springs, in the Texas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Richland Springs has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $11,274. In the following month the price per sq.feet decreased considerably to $5,504. The price for the following two months in (January, February) had a considerable decrease of 20 with regard to the prior two months. The price per sq.feet has had a considerable increase of 125 % 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 $5,050 to $6,327.5 during March, and April.
Based upon to the price in Richland Springs (cities), these have remained the same in the last 6 months. The average price for November is $872,927. During December the price had a slight fall till $759,582. During the following two months (January, February) the price has had an average incrementation from $816,254.5 to $890,818.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $853,536.5 and $817,920.5 between March and April.