Property prices for sale in Olive Hill (Kentucky)
The prices in real estate in Olive Hill, in the Kentucky 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 Olive Hill has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,477. In the following month the price per sq.feet decreased considerably to $118. The price for the following two months in (January, February) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % 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 $530.5 to $413.5 during March, and April.
Based upon to the price in Olive Hill (cities), these have remained the same in the last 6 months. The price in November is $216,197, rising in December till $232,015. In the following two months the average price has remained the same with regard to the previous two months from $224,106 to $216,368. During the last two months the average price has had a strong fall compared to the previous four going from $220,237 to $186,435, which means a 85 % fall.
