Property prices for sale in Roaring River (North Carolina)
The prices in real estate in Roaring River, in the North Carolina 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 Roaring River has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $72,500. In the following month the price per sq.feet decreased considerably to $52,095. The price for the following two months in (January, February) had a considerable decrease of 60 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 16 % 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 $49,855.5 to $7,728 during March, and April.
Based upon to the price in Roaring River (cities), this has fallen considerably in the last 6 months. The average price for November is $195,000. During December the price had a slight fall till $179,960. During the following two months (January, February) the average price had a considerable reduction of 82 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $170,249.5 to $76,683.5, which means a 45 % fall.
