The prices in real estate in Shiner, 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 Shiner has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $7,845. In the following month the price per sq.feet decreased considerably to $2,992. The price for the following two months in (January, February) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 131 % 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 $5,177.25 to $6,804.5 during March, and April.
Based upon to the price in Shiner (cities), these have remained the same in the last 6 months. The price in November is $418,689, rising in December till $444,983. In the following two months the average price has remained the same with regard to the previous two months from $431,836 to $415,928. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $423,882 to $380,230 in March and April.