The prices in real estate in Poseyville, in the Indiana 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 Poseyville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $55,716. In the following month the price per sq.feet decreased considerably to $109. The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $13,999.5 to $75.5 during March, and April.
Based upon to the price in Poseyville (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $190,960. During December the price went through a considerable rise reaching $251,533. During the following two months (January, February) the average price had a considerable reduction of 71 % 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 $189,195.25 to $142,316.5, which means a 75 % fall.