The prices in real estate in Monetta, 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 Monetta has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $40,935. In the following month the price per sq.feet decreased considerably to $19,358. The price for the following two months in (January, February) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 0 % 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 $18,006.25 to $36 during March, and April.
Based upon to the price in Monetta (cities), this has fallen considerably in the last 6 months. The average price for November is $163,520. During December the price had a slight fall till $149,863. During the following two months (January, February) the average price had a considerable reduction of 79 % 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 $140,395.75 to $90,833.5, which means a 65 % fall.