Property prices for sale in Park River (North Dakota)
The prices in real estate in Park River, in the North Dakota 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 Park River has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $80. In November this price pretty much remained the same at a value of $79 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has had a considerable increase of 137 % 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 $58.5 to $80 during February, and March.
Based upon to the price in Park River (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $165,050. During November the price went through a considerable rise reaching $235,282. During the following two months (December, January) the average price had a considerable reduction of 59 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 280 % during the last two months.
