The prices in real estate in Cool Ridge, in the West Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Cool Ridge has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $5,373. In the following month the price per sq.feet decreased considerably to $105. The price for the following two months in (January, February) had a considerable increment of 153 %. The price per sq.feet has had a considerable deflation of 2 % 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 $3,470.75 to $79.5 during March, and April.
Based upon to the price in Cool Ridge (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $270,574. During December the price went through a considerable rise reaching $323,800. During the following two months (January, February) the average price had a considerable reduction of 54 % 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 $228,766.5 to $129,833.5, which means a 57 % fall.