The prices in real estate in Rotan, 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 Rotan has increased strongly during the last 6 months. In November, the average price per sq.feet was $115. In the following month the price per sq.feet increased to $132. In the following two months the price per sq.feet has increased 110 %, going from $123.5 to $136 per sq.feet. The price per sq.feet has increased 113 % 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 $129.75 to $147 during March, and April.
Based upon to the price in Rotan (cities), this has gone up considerably in the last 6 months. The price in November is $298,227, rising in December till $321,059. During the following two months (January, February) the average price had a considerable increase of 130 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.