The prices in real estate in Ferguson, in the North Carolina 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 Ferguson has increased strongly during the last 6 months. In October, the average price per sq.feet was $11,530. In November this price pretty much remained the same at a value of $11,209 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 198 %. The price per sq.feet has had a considerable increase of 206 % 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 $16,965.5 to $34,921.5 during February, and March.
Based upon to the price in Ferguson (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $319,506. In November This price remains at $317,475. In the following two months the average price has remained the same with regard to the previous two months from $318,490.5 to $310,892. During the last two months the average price has had a strong fall compared to the previous four going from $314,691.25 to $196,045.5, which means a 62 % fall.