The prices in real estate in Ashville, in the Alabama region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Ashville has fallen in the last 6 months. In October, the average price per sq.feet was $4,353. In the following month the price per sq.feet decreased considerably to $749. In the following two months the price per sq.feet has increased 109 %, going from $2,551 to $2,769.5 per sq.feet. The price per sq.feet has had a considerable increase of 240 % 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 $2,660.25 to $6,379 during February, and March.
Based upon to the price in Ashville (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $258,100. During November the price went through a considerable rise reaching $317,156. During the following two months (December, January) the average price fell 92 % 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 $275,879.5 to $214,864.5, which means a 78 % fall.