Property prices for sale in Rothbury (Michigan)
The prices in real estate in Rothbury, in the Michigan 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 Rothbury has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $8,414. In the following month the price per sq.feet decreased considerably to $116. The price for the following two months in (January, February) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $2,497.75 to $75.5 during March, and April.
Based upon to the price in Rothbury (cities), this has fallen considerably in the last 6 months. The price in November is $181,067, rising in December till $196,764. During the following two months (January, February) the average price fell 88 % 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 $178,022 to $99,962.5, which means a 56 % fall.
