The prices in real estate in New Salisbury, in the Indiana region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in New Salisbury has fallen in the last 6 months. In November, the average price per sq.feet was $181. In December this price pretty much remained the same at a value of $181 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $181 to $184.5 per sq.feet. The price per sq.feet has had a considerable deflation of 79 % 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 $182.75 to $144.5 during March, and April.
Based upon to the price in New Salisbury (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $237,992. In December This price remains at $248,675. During the following two months (January, February) the average price had a considerable increase of 124 % 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 114 % during the last two months.