The prices in real estate in Morganfield, 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 Morganfield has increased strongly during the last 6 months. In November, the average price per sq.feet was $90. In the following month the price per sq.feet decreased to $85. The price for the following two months in (January, February) had a considerable increment of 127 %. The price per sq.feet has had a considerable increase of 299 % 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 $99.25 to $296.5 during March, and April.
Based upon to the price in Morganfield (cities), this has gone up considerably in the last 6 months. The price in November is $131,844, rising in December till $146,953. During the following two months (January, February) the average price had a considerable increase of 121 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 181 % during the last two months.