The prices in real estate in Blounts Creek, 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 Blounts Creek has increased strongly during the last 6 months. In November, the average price per sq.feet was $208. In the following month the price per sq.feet increased considerably to $55,700. In the following two months the price per sq.feet has increased 107 %, going from $27,954 to $29,835 per sq.feet. The price per sq.feet has had a considerable deflation of 47 % 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 $28,894.5 to $13,664.5 during March, and April.
Based upon to the price in Blounts Creek (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $416,611. During December the price went through a considerable rise reaching $516,444. During the following two months (January, February) the average price had a considerable reduction of 31 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $306,710.75 to $275,393 in March and April.