The prices in real estate in Asheville, in the North Carolina 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 Asheville has increased strongly during the last 6 months. In April, the average price per sq.feet was $301. In May this price pretty much remained the same at a value of $301 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 437 %. The price per sq.feet has had a considerable deflation of 49 % 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 $808 to $396.5 during August, and September.
Based upon to the price in Asheville (cities), this has gone up considerably in the last 6 months. The average price for April is $724,085. During May the price had a considerable reduction till $579,460. During the following two months (June, July) the average price had a considerable increase of 254 % 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 $1,153,447.5 to $454,698, which means a 39 % fall.