The prices in real estate in Cynthiana, in the Kentucky 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 Cynthiana has increased strongly during the last 6 months. In November, the average price per sq.feet was $619. In the following month the price per sq.feet decreased considerably to $188. The price for the following two months in (January, February) had a considerable increment of 354 %. The price per sq.feet has had a considerable increase of 234 % 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 $916.75 to $2,148 during March, and April.
Based upon to the price in Cynthiana (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $280,569. In December This price remains at $281,397. In the following two months the average price has remained the same with regard to the previous two months from $280,983 to $284,510.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $282,746.75 and $271,537.5 between March and April.