The prices in real estate in Emerado, in the North Dakota 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 Emerado has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $108. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (January, February) had a considerable increment of 144 %. The price per sq.feet has had a considerable increase of 118 % 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 $65.75 to $77.5 during March, and April.
Based upon to the price in Emerado (cities), this has fallen considerably in the last 6 months. The average price for November is $341,600. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable reduction of 61 % 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 $137,475 to $104,150, which means a 76 % fall.