The prices in real estate in Amasa, in the Michigan 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 Amasa has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $6,205. In the following month the price per sq.feet decreased considerably to $292. In the following two months the price per sq.feet has increased 114 %, going from $3,248.5 to $3,705 per sq.feet. The price per sq.feet has had a considerable increase of 119 % 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 $3,476.75 to $4,143.5 during March, and April.
Based upon to the price in Amasa (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $271,671. In December This price remains at $282,371. During the following two months (January, February) the average price fell 92 % 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 $266,298.75 to $126,900, which means a 48 % fall.