The prices in real estate in Guthrie Center, 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 Guthrie Center has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $678. In the following month the price per sq.feet decreased considerably to $133. The price for the following two months in (January, February) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 46 % 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 $270 to $123 during March, and April.
Based upon to the price in Guthrie Center (cities), these have remained the same in the last 6 months. The price in November is $239,033, rising in December till $254,329. In the following two months the average price has remained the same with regard to the previous two months from $246,681 to $235,075.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $240,878.25 to $225,216.5 in March and April.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 68 % cheaper than the average price of $74,493 in Guthrie Center. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 68 % more affordable than the average aforementioned.