The prices in real estate in Gobles, 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 Gobles has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,326. In the following month the price per sq.feet decreased considerably to $174. The price for the following two months in (January, February) had a considerable increment of 130 %. The price per sq.feet has had a considerable increase of 194 % 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 $861.75 to $1,675.5 during March, and April.
Based upon to the price in Gobles (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $242,935. During December the price went through a considerable rise reaching $417,084. In the following two months the average price has remained the same with regard to the previous two months from $330,009.5 to $341,492. During the last two months the average price has had a strong fall compared to the previous four going from $335,750.75 to $274,181, which means a 82 % fall.