The prices in real estate in South Mills, 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 South Mills has increased strongly during the last 6 months. In March, the average price per sq.feet was $211. In April this price pretty much remained the same at a value of $207 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $209 to $207.5 per sq.feet. The price per sq.feet has had a considerable increase of 319 % 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 $208.25 to $663.5 during July, and August.
Based upon to the price in South Mills (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $391,729. In April This price remains at $397,339. In the following two months the average price has remained the same with regard to the previous two months from $394,534 to $397,873. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.