The prices in real estate in Shelburn, 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 Shelburn has increased strongly during the last 6 months. In September, the average price per sq.feet was $138. In the following month the price per sq.feet increased considerably to $20,707. The price for the following two months in (November, December) had a considerable increment of 201 %. The price per sq.feet has had a considerable deflation of 13 % 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 $15,673.75 to $2,093 during January, and February.
Based upon to the price in Shelburn (cities), this has fallen considerably in the last 6 months. The average price for September is $357,933. During October the price had a considerable reduction till $247,600. During the following two months (November, December) the price has had an average incrementation from $302,766.5 to $322,283. During the last two months the average price has had a strong fall compared to the previous four going from $312,524.75 to $165,600, which means a 53 % fall.