The prices in real estate in Edmore, 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 Edmore has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $174. In the following month the price per sq.feet decreased considerably to $140. The price for the following two months in (May, June) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has increased 111 % 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 $140.25 to $155 during July, and August.
Based upon to the price in Edmore (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $276,725. In April This price remains at $278,069. During the following two months (May, June) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $264,812.75 and $267,851 between July and August.