The prices in real estate in Somerset, 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 Somerset has increased strongly during the last 6 months. In October, the average price per sq.feet was $174. In the following month the price per sq.feet increased considerably to $1,369. The price for the following two months in (December, January) had a considerable increment of 115 %. The price per sq.feet has had a considerable increase of 671 % 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 $830.75 to $5,574.5 during February, and March.
Based upon to the price in Somerset (cities), this has gone up in the last 6 months. The price in October is $279,546, rising in November till $321,477. During the following two months (December, January) the price has had an average incrementation from $300,511.5 to $322,437.5. 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 $311,474.5 and $302,586 between February and March.