The prices in real estate in Free Soil, 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 Free Soil has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $8,117. In the following month the price per sq.feet decreased considerably to $5,634. The price for the following two months in (January, February) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has increased 105 % 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 $5,194.25 to $5,474 during March, and April.
Based upon to the price in Free Soil (cities), this has fallen considerably in the last 6 months. The price in November is $459,956, rising in December till $496,531. During the following two months (January, February) the average price had a considerable reduction of 73 % 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 $412,719.75 to $316,421.5, which means a 77 % fall.