The prices in real estate in Rising Sun, 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 Rising Sun has increased strongly during the last 6 months. In October, the average price per sq.feet was $209. In the following month the price per sq.feet increased considerably to $1,011. The price for the following two months in (December, January) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable increase of 816 % 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 $507.5 to $4,142 during February, and March.
Based upon to the price in Rising Sun (cities), this has fallen considerably in the last 6 months. The average price for October is $448,814. During November the price had a considerable reduction till $332,108. During the following two months (December, January) the average price had a considerable reduction of 75 % 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 $340,702.25 to $225,799, which means a 66 % fall.