The prices in real estate in Salt Lick, in the Kentucky 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 Salt Lick has increased strongly during the last 6 months. In November, the average price per sq.feet was $9,009. In the following month the price per sq.feet increased considerably to $21,509. The price for the following two months in (January, February) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has had a considerable increase of 116 % 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 $12,478.25 to $14,424 during March, and April.
Based upon to the price in Salt Lick (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $238,989. In December This price remains at $249,829. 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 $222,052.5 to $112,850, which means a 51 % fall.