The prices in real estate in Maceo, in the Kentucky 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 Maceo has increased strongly during the last 6 months. In November, the average price per sq.feet was $195. In the following month the price per sq.feet increased considerably to $3,083. The price for the following two months in (January, February) had a considerable increment of 753 %. The price per sq.feet has had a considerable increase of 176 % 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 $6,988.5 to $12,328 during March, and April.
Based upon to the price in Maceo (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $483,113. During December the price went through a considerable rise reaching $598,129. In the following two months the average price has remained the same with regard to the previous two months from $540,621 to $559,758.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $550,189.75 to $522,425 in March and April.