The prices in real estate in Rockwell, 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 Rockwell has increased strongly during the last 6 months. In October, the average price per sq.feet was $5,527. In the following month the price per sq.feet decreased considerably to $226. In the following two months the price per sq.feet has barely changed, going from $2,876.5 to $2,896 per sq.feet. The price per sq.feet has had a considerable increase of 535 % 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 $2,886.25 to $15,433.5 during February, and March.
Based upon to the price in Rockwell (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $411,768. In November This price remains at $405,518. In the following two months the average price has remained the same with regard to the previous two months from $408,643 to $404,037.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.