The prices in real estate in Forest City, 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 Forest City has increased strongly during the last 6 months. In October, the average price per sq.feet was $311. In the following month the price per sq.feet increased considerably to $680. The price for the following two months in (December, January) had a considerable decrease of 57 with regard to the prior two months. The price per sq.feet has had a considerable increase of 615 % 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 $389 to $2,391 during February, and March.
Based upon to the price in Forest City (cities), these have remained the same in the last 6 months. The average price for October is $258,234. During November the price had a slight fall till $243,504. During the following two months (December, January) the price has had an average incrementation from $250,869 to $278,581. During the last two months the average price has had a strong fall compared to the previous four going from $264,725 to $224,969.5, which means a 85 % fall.