Property prices for sale in Otto (North Carolina)
The prices in real estate in Otto, in the North Carolina 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 Otto has increased strongly during the last 6 months. In November, the average price per sq.feet was $9,600. In the following month the price per sq.feet increased considerably to $12,546. The price for the following two months in (January, February) had a considerable increment of 195 %. The price per sq.feet has had a considerable increase of 214 % 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 $16,308.5 to $34,868 during March, and April.
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 November, is $286,456. During December the price went through a considerable rise reaching $359,495. In the following two months the average price has remained the same with regard to the previous two months from $322,975.5 to $308,250. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % during the last two months.
