The prices in real estate in Kelford, 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 Kelford has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $6,335. In the following month the price per sq.feet decreased considerably to $113. The price for the following two months in (January, February) had a considerable increment of 177 %. The price per sq.feet has had a considerable deflation of 71 % 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 $4,468.5 to $3,167.5 during March, and April.
Based upon to the price in Kelford (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $216,250. During December the price went through a considerable rise reaching $280,000. During the following two months (January, February) the average price fell 90 % 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 $235,375 to $108,125, which means a 46 % fall.