The rent prices in real estate in Banner Elk, in the North Carolina region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Banner Elk has barely changed in the last 6 months. In April, the average price per sq.feet was $1. In May this price barely changed remaining at $1 per sq.feet. The price for the following two months in (June, July) had a considerable rise of 147 %. The price per sq.feet has had a considerable fall of 40 % 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 $1.24 to $0.5 during August, and September.
When referring to the price in Banner Elk (cities), this has fallen considerably in the last 6 months. The average price for April is $1,081. During May the price had a considerable fall till $649. During the following two months (June, July) the price has had an average rise from $865 to $977. During the last two months the average price has fallen greatly compared to the previous four going from $921 to $329.5, which means a 36 % fall.