Property prices for sale in New Madrid (Missouri)

The price per sq.feet in New Madrid has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $92. In November this price pretty much remained the same at a value of $92 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $92 to $95 per sq.feet. The price per sq.feet has had a considerable deflation of 48 % 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 $93.5 to $44.5 during February, and March.

Based upon to the price in New Madrid (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $123,790. In November This price remains at $125,825. During the following two months (December, January) the average price fell 88 % 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 $117,172.25 to $51,204, which means a 44 % fall.