The prices in real estate in Fredericktown, in the Missouri 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 Fredericktown has increased strongly during the last 6 months. In October, the average price per sq.feet was $165. In the following month the price per sq.feet increased considerably to $815. In the following two months the price per sq.feet has barely changed, going from $490 to $490.5 per sq.feet. The price per sq.feet has had a considerable increase of 560 % 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 $490.25 to $2,745 during February, and March.
Based upon to the price in Fredericktown (cities), this has fallen considerably in the last 6 months. The average price for October is $281,817. During November the price had a considerable reduction till $172,127. During the following two months (December, January) the average price fell 87 % 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 $211,913.25 to $178,361, which means a 84 % fall.