The prices in real estate in Ingalls, in the Indiana region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Ingalls has fallen in the last 6 months. In October, the average price per sq.feet was $92. In the following month the price per sq.feet increased considerably to $118. In the following two months the price per sq.feet has barely changed, going from $105 to $102 per sq.feet. The price per sq.feet has had a considerable deflation of 51 % 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 $103.5 to $53 during February, and March.
Based upon to the price in Ingalls (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $170,266. In November This price remains at $168,600. In the following two months the average price has remained the same with regard to the previous two months from $169,433 to $166,612.5. During the last two months the average price has had a strong fall compared to the previous four going from $168,022.75 to $88,037.5, which means a 52 % fall.