The prices in real estate in Laurel Fork, in the Virginia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Laurel Fork has increased during the last 6 months. In November, the average price per sq.feet was $14,213. In the following month the price per sq.feet decreased considerably to $8,040. The price for the following two months in (January, February) had a considerable increment of 222 %. The price per sq.feet has had a considerable deflation of 65 % 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 $17,892 to $11,613.5 during March, and April.
Based upon to the price in Laurel Fork (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $155,762. In December This price remains at $155,430. During the following two months (January, February) the average price had a considerable reduction of 52 % 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 $118,300.25 to $51,535, which means a 44 % fall.