The prices in real estate in Rusk, 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 Rusk has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $2,519. In the following month the price per sq.feet decreased considerably to $614. The price for the following two months in (May, June) decreased 92 % with regard to the prior two months. The price per sq.feet has decreased 86 % 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 $1,504.5 to $1,297.5 during July, and August.
Based upon to the price in Rusk (cities), these have remained the same in the last 6 months. The price in March is $250,957, rising in April till $267,027. In the following two months the average price has remained the same with regard to the previous two months from $258,992 to $263,780. 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 $261,386 and $253,641 between July and August.