The prices in real estate in Garden City, in the Utah 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 Garden City has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,969. In the following month the price per sq.feet increased to $3,147. The price for the following two months in (December, January) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 0 % 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 $2,310.5 to during February, and March.
Based upon to the price in Garden City (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $235,838. During November the price went through a considerable rise reaching $2,982,270. In the following two months the average price has remained the same with regard to the previous two months from $1,609,054 to $1,675,285. During the last two months the average price has had a strong fall compared to the previous four going from $1,642,169.5 to , which means a 0 % fall.