The prices in real estate in Norman Park, in the Georgia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Norman Park has increased during the last 6 months. In October, the average price per sq.feet was $24,265. In the following month the price per sq.feet decreased considerably to $5,899. The price for the following two months in (December, January) had a considerable increment of 256 %. The price per sq.feet has had a considerable deflation of 84 % 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 $26,810.5 to $22,537 during February, and March.
Based upon to the price in Norman Park (cities), this has fallen considerably in the last 6 months. The average price for October is $236,333. During November the price had a considerable reduction till $127,667. In the following two months the average price has remained the same with regard to the previous two months from $182,000 to $181,333.5. During the last two months the average price has had a strong fall compared to the previous four going from $181,666.75 to $38,542, which means a 21 % fall.