The prices in real estate in Sandy Ridge, in the North Carolina region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Sandy Ridge has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $81,833. In the following month the price per sq.feet increased considerably to $109,974. The price for the following two months in (January, February) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 9 % 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 $73,541.5 to $6,926.5 during March, and April.
Based upon to the price in Sandy Ridge (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $215,580. During December the price went through a considerable rise reaching $268,000. In the following two months the average price has remained the same with regard to the previous two months from $241,790 to $252,012.5. During the last two months the average price has had a strong fall compared to the previous four going from $246,901.25 to $149,800, which means a 61 % fall.