Property prices for sale in Cannelton (Indiana)
The prices in real estate in Cannelton, in the Indiana 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 Cannelton has increased strongly during the last 6 months. In November, the average price per sq.feet was $2,998. In the following month the price per sq.feet increased considerably to $6,061. The price for the following two months in (January, February) had a considerable increment of 190 %. The price per sq.feet has had a considerable deflation of 61 % 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 $6,565 to $3,996.5 during March, and April.
Based upon to the price in Cannelton (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $202,477. In December This price remains at $206,818. During the following two months (January, February) the average price had a considerable reduction of 40 % 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 178 % during the last two months.
