The prices in real estate in Olivia, in the Minnesota 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 Olivia has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $137. In the following month the price per sq.feet decreased to $130. The price for the following two months in (December, January) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has increased 111 % 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 $109.75 to $122 during February, and March.
Based upon to the price in Olivia (cities), this has gone downing the last 6 months. The price in October is $208,454, rising in November till $236,500. During the following two months (December, January) the average price had a considerable reduction of 72 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $191,766.25 and $191,115 between February and March.