The prices in real estate in Griswold, in the Iowa 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 Griswold has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $153. In May this price pretty much remained the same at a value of $160 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $156.5 to $158 per sq.feet. The price per sq.feet has had a considerable deflation of 50 % 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 $157.25 to $78.5 during August, and September.
Based upon to the price in Griswold (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $216,266. In May This price remains at $211,227. During the following two months (June, July) the price has had an average incrementation from $213,746.5 to $231,287. During the last two months the average price has had a strong fall compared to the previous four going from $222,516.75 to $128,337.5, which means a 58 % fall.