The prices in real estate in Garden Plain, in the Kansas 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 Plain has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $2,482. In the following month the price per sq.feet decreased to $2,303. The price for the following two months in (January, February) had a considerable decrease of 4 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 17 % 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 $1,245 to $214 during March, and April.
Based upon to the price in Garden Plain (cities), this has fallen considerably in the last 6 months. The average price for November is $442,668. During December the price had a slight fall till $408,906. During the following two months (January, February) the average price had a considerable reduction of 41 % 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 140 % during the last two months.