The prices in real estate in Shelbina, in the Missouri 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 Shelbina has increased strongly during the last 6 months. In November, the average price per sq.feet was $85. In December this price pretty much remained the same at a value of $86 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $85.5 to $82 per sq.feet. The price per sq.feet has had a considerable increase of 3397 % 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 $83.75 to $2,845 during March, and April.
Based upon to the price in Shelbina (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $100,388. In December This price remains at $104,086. During the following two months (January, February) the price has had an average incrementation from $102,237 to $113,429. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $107,833 to $94,012 in March and April.