The prices in real estate in Kure Beach, 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 Kure Beach has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $340. In May this price pretty much remained the same at a value of $350 per sq.feet. The price for the following two months in (June, July) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 44 % 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 $324.25 to $142 during August, and September.
Based upon to the price in Kure Beach (cities), this has gone downing the last 6 months. The average price during our first sample month during April, is $788,475. During May the price went through a considerable rise reaching $1,096,838. During the following two months (June, July) the average price had a considerable reduction of 84 % 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 $867,886.75 to $364,983.5, which means a 42 % fall.