The prices in real estate in Ewen, 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 Ewen has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,644. In the following month the price per sq.feet decreased to $1,443. The price for the following two months in (January, February) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 85 % 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 $1,305.25 to $1,103.5 during March, and April.
Based upon to the price in Ewen (cities), this has fallen considerably in the last 6 months. The average price for November is $84,400. During December the price had a considerable reduction till $64,689. During the following two months (January, February) the average price had a considerable reduction of 62 % 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 117 % during the last two months.