The prices in real estate in Amana, in the Iowa 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 Amana has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $40,712. In November this price pretty much remained the same at a value of $40,712 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $20,380.5 to $20,885.5 during February y March
Based upon to the price in Amana (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $236,986. In November This price remains at $236,986. During the following two months (December, January) the average price had a considerable reduction of 47 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 145 % during the last two months.