The prices in real estate in Paintsville, in the Kentucky 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 Paintsville has increased strongly during the last 6 months. In November, the average price per sq.feet was $95. In the following month the price per sq.feet decreased to $85. In the following two months the price per sq.feet has barely changed, going from $90 to $94 per sq.feet. The price per sq.feet has had a considerable increase of 248 % 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 $92 to $228.5 during March, and April.
Based upon to the price in Paintsville (cities), these have remained the same in the last 6 months. The average price for November is $219,022. During December the price had a slight fall till $190,060. During the following two months (January, February) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $224,058 to $199,016.5 in March and April.