The prices in real estate in Little Mountain, in the South 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 Little Mountain has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $114. In December this price pretty much remained the same at a value of $114 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 63 % 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 $83.25 to $52.5 during March, and April.
Based upon to the price in Little Mountain (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $284,633. In December This price remains at $284,633. During the following two months (January, February) the average price had a considerable reduction of 42 % 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 $201,808 to $118,983, which means a 59 % fall.