Property prices for sale in Otto (North Carolina)

The price per sq.feet in Otto has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $52,829. In the following month the price per sq.feet decreased considerably to $16,907. The price for the following two months in (May, June) decreased 94 % with regard to the prior two months. The price per sq.feet has increased 108 % 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 $33,790.25 to $36,634 during July, and August.

Based upon to the price in Otto (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $280,081. During April the price went through a considerable rise reaching $530,311. In the following two months the average price has remained the same with regard to the previous two months from $405,196 to $405,273.5. During the last two months the average price has had a strong fall compared to the previous four going from $405,234.75 to $344,332.5, which means a 85 % fall.