The prices in real estate in Terry, in the Mississippi 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 Terry has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,036. In the following month the price per sq.feet decreased considerably to $817. The price for the following two months in (January, February) had a considerable increment of 126 %. The price per sq.feet has had a considerable increase of 250 % 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 $1,046 to $2,610.5 during March, and April.
Based upon to the price in Terry (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $336,116. During December the price went through a considerable rise reaching $398,474. During the following two months (January, February) the price has had an average incrementation from $367,295 to $414,958. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $391,126.5 to $356,901 in March and April.