The prices in real estate in Oneida, in the Wisconsin 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 Oneida has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $593. In the following month the price per sq.feet decreased considerably to $151. The price for the following two months in (November, December) had a considerable decrease of 38 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 32 % 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 $257.25 to $83 during January, and February.
Based upon to the price in Oneida (cities), this has fallen considerably in the last 6 months. The average price for September is $1,339,900. During October the price had a considerable reduction till $603,675. During the following two months (November, December) the average price had a considerable reduction of 47 % 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 $716,527 to $219,737.5, which means a 31 % fall.