The prices in real estate in Glen Alpine, in the North Carolina 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 Glen Alpine has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $198. In November this price pretty much remained the same at a value of $205 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 57 % 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 $141.25 to $81 during February, and March.
Based upon to the price in Glen Alpine (cities), this has fallen considerably in the last 6 months. The price in October is $300,960, rising in November till $328,725. During the following two months (December, January) the average price had a considerable reduction of 28 % 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 $202,271.25 to $89,700, which means a 44 % fall.