Property prices for sale in Shipshewana (Indiana)
The prices in real estate in Shipshewana, 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 Shipshewana has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $416. In the following month the price per sq.feet decreased considerably to $143. The price for the following two months in (January, February) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % 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 $221.25 to $173.5 during March, and April.
Based upon to the price in Shipshewana (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $332,627. In December This price remains at $343,971. In the following two months the average price has remained the same with regard to the previous two months from $338,299 to $322,769.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 135 % during the last two months.
