The prices in real estate in Fairdale, 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 Fairdale has increased strongly during the last 6 months. In November, the average price per sq.feet was $169. In the following month the price per sq.feet increased to $178. The price for the following two months in (January, February) had a considerable increment of 1624 %. The price per sq.feet has had a considerable increase of 187 % 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 $1,496 to $2,804 during March, and April.
Based upon to the price in Fairdale (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $238,242. In December This price remains at $246,976. During the following two months (January, February) the average price fell 92 % 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 121 % during the last two months.