The prices in real estate in Hampshire, in the Illinois 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 Hampshire has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $150. In May this price pretty much remained the same at a value of $144 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $147 to $143.5 per sq.feet. The price per sq.feet has had a considerable deflation of 54 % 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 $145.25 to $78 during August, and September.
Based upon to the price in Hampshire (cities), this has fallen considerably in the last 6 months. The average price for April is $329,829. During May the price had a slight fall till $312,536. During the following two months (June, July) the average price fell 93 % 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 $310,436 to $166,804.5, which means a 54 % fall.