The prices in real estate in Cooks, 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 Cooks has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $15,172. In the following month the price per sq.feet decreased considerably to $10,969. The price for the following two months in (December, January) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 16 % 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 $10,209 to $1,684 during February, and March.
Based upon to the price in Cooks (cities), this has gone downing the last 6 months. The average price during our first sample month during October, is $319,780. During November the price went through a considerable rise reaching $439,557. During the following two months (December, January) the average price had a considerable reduction of 59 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $301,039.25 to $267,023 in February and March.