The prices in real estate in Birnamwood, in the Wisconsin 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 Birnamwood has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $2,041. In the following month the price per sq.feet decreased considerably to $114. The price for the following two months in (January, February) had a considerable increment of 150 %. The price per sq.feet has had a considerable deflation of 65 % 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 $1,349.25 to $874 during March, and April.
Based upon to the price in Birnamwood (cities), this has fallen considerably in the last 6 months. The average price for November is $316,333. During December the price had a considerable reduction till $181,580. During the following two months (January, February) the price has had an average incrementation from $248,956.5 to $273,633.5. During the last two months the average price has had a strong fall compared to the previous four going from $261,295 to $177,475, which means a 68 % fall.