The prices in real estate in Earling, in the Iowa 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 Earling has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $151. In the following month the price per sq.feet increased considerably to $214. The price for the following two months in (January, February) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 74 % 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 $132 to $97.5 during March, and April.
Based upon to the price in Earling (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $255,000. During December the price went through a considerable rise reaching $318,333. During the following two months (January, February) the average price had a considerable reduction of 46 % 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 $209,333.25 to $155,225, which means a 74 % fall.