The prices in real estate in Osage City, in the Kansas 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 Osage City has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,748. In the following month the price per sq.feet increased to $4,164. The price for the following two months in (January, February) had a considerable decrease of 9 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 25 % 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 $2,148 to $530.5 during March, and April.
Based upon to the price in Osage City (cities), these have remained the same in the last 6 months. The price in November is $216,930, rising in December till $245,544. During the following two months (January, February) the average price fell 89 % 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 107 % during the last two months.