The prices in real estate in Mountain Rest, 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 Mountain Rest has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $19,652. In the following month the price per sq.feet decreased considerably to $14,582. In the following two months the price per sq.feet has increased 107 %, going from $17,117 to $18,296.5 per sq.feet. The price per sq.feet has had a considerable deflation of 20 % 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 $17,706.75 to $3,574.5 during March, and April.
Based upon to the price in Mountain Rest (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $420,811. In December This price remains at $422,350. In the following two months the average price has remained the same with regard to the previous two months from $421,580.5 to $423,312.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $422,446.5 and $410,338 between March and April.