The prices in real estate in Elk, in the California 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 Elk has fallen in the last 6 months. In October, the average price per sq.feet was $4,480. In the following month the price per sq.feet decreased considerably to $817. The price for the following two months in (December, January) had a considerable increment of 138 %. The price per sq.feet has had a considerable increase of 186 % 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 $3,151 to $5,846.5 during February, and March.
Based upon to the price in Elk (cities), this has fallen considerably in the last 6 months. The average price for October is $3,284,625. During November the price had a considerable reduction till $1,396,400. During the following two months (December, January) the average price had a considerable reduction of 55 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 225 % during the last two months.