The prices in real estate in Grand Ridge, in the Florida 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 Grand Ridge has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,273. In the following month the price per sq.feet increased considerably to $4,593. The price for the following two months in (December, January) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 397 % 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 $4,331.75 to $17,216 during February, and March.
Based upon to the price in Grand Ridge (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $260,828. During November the price went through a considerable rise reaching $427,256. During the following two months (December, January) the average price had a considerable reduction of 64 % 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 $281,542.75 to $201,087.5, which means a 71 % fall.