The prices in real estate in Linwood, in the Michigan 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 Linwood has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $6,428. In the following month the price per sq.feet decreased considerably to $5,134. 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 $2,949.25 to $165 during February, and March.
Based upon to the price in Linwood (cities), this has gone up in the last 6 months. The average price for October is $214,569. During November the price had a considerable reduction till $174,360. In the following two months the average price has remained the same with regard to the previous two months from $194,464.5 to $191,908. Based on an analysis of the first four prices and the last two months the average price has risen strongly 166 % during the last two months.