The prices in real estate in Fountaintown, in the Indiana 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 Fountaintown has increased strongly during the last 6 months. In October, the average price per sq.feet was $117. In the following month the price per sq.feet increased considerably to $154. In the following two months the price per sq.feet has barely changed, going from $135.5 to $132.5 per sq.feet. The price per sq.feet has had a considerable increase of 7248 % 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 $134 to $9,712.5 during February, and March.
Based upon to the price in Fountaintown (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $354,988. In November This price remains at $352,255. During the following two months (December, January) the average price fell 95 % 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 $344,687 to $211,500, which means a 61 % fall.