The prices in real estate in Rugby, in the North Dakota 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 Rugby has increased strongly during the last 6 months. In October, the average price per sq.feet was $86. In the following month the price per sq.feet decreased to $81. In the following two months the price per sq.feet has barely changed, going from $83.5 to $84.5 per sq.feet. The price per sq.feet has had a considerable increase of 1829 % 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 $84 to $1,536 during February, and March.
Based upon to the price in Rugby (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $153,675. During November the price went through a considerable rise reaching $190,379. During the following two months (December, January) the average price fell 95 % 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 95 %, going from $167,679.5 to $158,481 in February and March.