The prices in real estate in Patriot, 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 Patriot has increased strongly during the last 6 months. In October, the average price per sq.feet was $317. In the following month the price per sq.feet decreased considerably to $210. The price for the following two months in (December, January) had a considerable increment of 148 %. The price per sq.feet has had a considerable increase of 437 % 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 $326.5 to $1,427 during February, and March.
Based upon to the price in Patriot (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $449,700. In November This price remains at $432,662. During the following two months (December, January) the average price fell 95 % 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 $429,614.5 to $245,095, which means a 57 % fall.