The prices in real estate in Bloomfield, in the Indiana region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bloomfield has fallen in the last 6 months. In December, the average price per sq.feet was $79. In January this price pretty much remained the same at a value of $80 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $79.5 to $90 per sq.feet. The price per sq.feet has had a considerable deflation of 49 % 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 $84.75 to $41.5 during April, and May.
Based upon to the price in Bloomfield (cities), this has gone downing the last 6 months. In our first sample month during December, the average price is $148,991. In January This price remains at $144,556. During the following two months (February, March) the price has had an average incrementation from $146,773.5 to $168,150. During the last two months the average price has had a strong fall compared to the previous four going from $157,461.75 to $80,166.5, which means a 51 % fall.