Property prices for sale in Oakland City (Indiana)
The prices in real estate in Oakland City, in the Indiana region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Oakland City has increased strongly during the last 6 months. In October, the average price per sq.feet was $109. In the following month the price per sq.feet increased considerably to $209. The price for the following two months in (December, January) had a considerable increment of 290 %. The price per sq.feet has had a considerable deflation of 37 % 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 $310 to $114 during February, and March.
Based upon to the price in Oakland City (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $170,322. In November This price remains at $173,561. During the following two months (December, January) the price has had an average incrementation from $171,941.5 to $180,692.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $176,317 to $163,153 in February and March.
