The prices in real estate in Freetown, 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 Freetown has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $262. In the following month the price per sq.feet decreased considerably to $183. The price for the following two months in (January, February) decreased 95 % with regard to the prior two months. The price per sq.feet has increased 108 % 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 $216.5 to $234.5 during March, and April.
Based upon to the price in Freetown (cities), this has gone downing the last 6 months. The average price for November is $496,260. During December the price had a considerable reduction till $340,860. During the following two months (January, February) the average price had a considerable reduction of 83 % 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 144 % during the last two months.