Property prices for sale in Monon (Indiana)
The prices in real estate in Monon, in the Indiana 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 Monon has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $171. In the following month the price per sq.feet decreased to $150. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has increased 106 % 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 $146.25 to $155.5 during February, and March.
Based upon to the price in Monon (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $235,492. In November This price remains at $228,210. During the following two months (December, January) the average price had a considerable reduction of 71 % 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 gone up 109 % during the last two months.
