The prices in real estate in Kenmare, in the North Dakota 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 Kenmare has increased strongly during the last 6 months. In November, the average price per sq.feet was $644. In the following month the price per sq.feet increased considerably to $4,695. The price for the following two months in (January, February) had a considerable increment of 258 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $4,782.5 to $4,980 during March y April
Based upon to the price in Kenmare (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $140,680. During December the price went through a considerable rise reaching $189,800. During the following two months (January, February) the average price had a considerable reduction of 43 % 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 $118,379.75 to $29,133.5, which means a 25 % fall.