The prices in real estate in Ponca, in the Nebraska 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 Ponca has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,530. In the following month the price per sq.feet decreased considerably to $106. The price for the following two months in (January, February) had a considerable increment of 203 %. The price per sq.feet has had a considerable deflation of 0 % 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 $1,239.5 to during March, and April.
Based upon to the price in Ponca (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $272,222. In December This price remains at $273,286. During the following two months (January, February) the average price had a considerable reduction of 48 % 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 $201,252 to , which means a 0 % fall.