The prices in real estate in Moweaqua, 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 Moweaqua has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $69. In the following month the price per sq.feet decreased considerably to $58. In the following two months the price per sq.feet has increased 108 %, going from $63.5 to $68.5 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 $66 to $35.5 during March, and April.
Based upon to the price in Moweaqua (cities), this has fallen considerably in the last 6 months. The average price for November is $117,388. During December the price had a considerable reduction till $99,266. During the following two months (January, February) the average price had a considerable increase of 120 % 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 $119,011 to $67,575, which means a 57 % fall.