The prices in real estate in Tatum, 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 Tatum has increased strongly during the last 6 months. In November, the average price per sq.feet was $272. In December this price pretty much remained the same at a value of $274 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $273 to $283.5 per sq.feet. The price per sq.feet has had a considerable increase of 1259 % 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 $278.25 to $3,504 during March, and April.
Based upon to the price in Tatum (cities), this has fallen considerably in the last 6 months. The average price for November is $472,744. During December the price had a slight fall till $435,583. During the following two months (January, February) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $403,084.75 to $320,423, which means a 79 % fall.