Property prices for sale in Moravian Falls (North Carolina)
The prices in real estate in Moravian Falls, in the North Carolina 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 Moravian Falls has increased strongly during the last 6 months. In November, the average price per sq.feet was $4,773. In the following month the price per sq.feet decreased considerably to $254. The price for the following two months in (January, February) had a considerable increment of 995 %. The price per sq.feet has decreased 92 % 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 $13,767.5 to $12,686.5 during March, and April.
Based upon to the price in Moravian Falls (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $427,200. During December the price went through a considerable rise reaching $596,267. During the following two months (January, February) the average price fell 89 % 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 $482,370.75 to $320,758.5, which means a 66 % fall.
