The prices in real estate in Rural Hall, 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 Rural Hall has increased strongly during the last 6 months. In October, the average price per sq.feet was $59,314. In the following month the price per sq.feet decreased to $53,460. The price for the following two months in (December, January) had a considerable increment of 157 %. The price per sq.feet has had a considerable increase of 145 % 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 $72,322.25 to $104,830.5 during February, and March.
Based upon to the price in Rural Hall (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $213,206. During November the price went through a considerable rise reaching $303,903. During the following two months (December, January) the average price fell 89 % 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 $244,657.75 to $159,632, which means a 65 % fall.