The prices in real estate in Goetzville, 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 Goetzville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $8,457. In the following month the price per sq.feet decreased considerably to $283. In the following two months the price per sq.feet has increased 113 %, going from $4,370 to $4,957.5 per sq.feet. The price per sq.feet has had a considerable increase of 198 % 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 $4,663.75 to $9,253.5 during March, and April.
Based upon to the price in Goetzville (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $395,762. During December the price went through a considerable rise reaching $778,000. During the following two months (January, February) the average price had a considerable reduction of 58 % 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 $463,065.5 to $388,809.5, which means a 84 % fall.