The prices in real estate in Frankton, 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 Frankton has increased strongly during the last 6 months. In October, the average price per sq.feet was $105. In the following month the price per sq.feet increased considerably to $121. In the following two months the price per sq.feet has barely changed, going from $113 to $109.5 per sq.feet. The price per sq.feet has had a considerable increase of 2968 % 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 $111.25 to $3,301.5 during February, and March.
Based upon to the price in Frankton (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $179,967. During November the price went through a considerable rise reaching $211,086. During the following two months (December, January) the price has had an average incrementation from $195,526.5 to $217,456.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $206,491.5 to $192,053 in February and March.