Property prices for sale in Farmland (Indiana)
The prices in real estate in Farmland, in the Indiana 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 Farmland has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $913. In the following month the price per sq.feet decreased to $792. The price for the following two months in (December, January) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 21 % 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 $473.5 to $99.5 during February, and March.
Based upon to the price in Farmland (cities), this has gone up considerably in the last 6 months. The price in October is $166,565, rising in November till $189,230. During the following two months (December, January) the price has had an average incrementation from $177,897.5 to $196,985.5. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.
