The prices in real estate in Earlham, in the Iowa 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 Earlham has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,299. In the following month the price per sq.feet increased considerably to $3,581. The price for the following two months in (January, February) had a considerable increment of 128 %. The price per sq.feet has had a considerable deflation of 51 % 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 $2,783 to $1,430.5 during March, and April.
Based upon to the price in Earlham (cities), these have remained the same in the last 6 months. The average price for November is $945,014. During December the price had a considerable reduction till $546,250. During the following two months (January, February) the average price had a considerable increase of 190 % 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 $1,082,544.25 to $624,427.5, which means a 58 % fall.