The prices in real estate in Lake Tomahawk, in the Wisconsin 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 Lake Tomahawk has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $5,778. In the following month the price per sq.feet decreased to $5,054. The price for the following two months in (December, January) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 6 % 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 $2,772 to $168.5 during February, and March.
Based upon to the price in Lake Tomahawk (cities), this has gone downing the last 6 months. The average price for October is $475,630. During November the price had a slight fall till $450,600. During the following two months (December, January) the average price had a considerable reduction of 51 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 170 % during the last two months.