The prices in real estate in Telephone, 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 Telephone has increased strongly during the last 6 months. In October, the average price per sq.feet was $5,142. In the following month the price per sq.feet decreased considerably to $1,721. The price for the following two months in (December, January) had a considerable increment of 211 %. The price per sq.feet has had a considerable increase of 226 % 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 $5,339.25 to $12,093 during February, and March.
Based upon to the price in Telephone (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $627,467. In November This price remains at $616,779. During the following two months (December, January) the average price had a considerable increase of 124 % 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.