Property prices for sale in Ruth (Mississippi)
The prices in real estate in Ruth, in the Mississippi 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 Ruth has increased strongly during the last 6 months. In October, the average price per sq.feet was $4,545. In the following month the price per sq.feet increased considerably to $8,733. In the following two months the price per sq.feet has barely changed, going from $6,639 to $6,921 per sq.feet. The price per sq.feet has had a considerable increase of 165 % 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 $6,780 to $11,214 during February, and March.
Based upon to the price in Ruth (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $245,281. During November the price went through a considerable rise reaching $322,478. During the following two months (December, January) the average price had a considerable reduction of 53 % 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 $217,211.5 to $81,616.5, which means a 38 % fall.
