The prices in real estate in Silver Lake, 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 Silver Lake has increased strongly during the last 6 months. In September, the average price per sq.feet was $83. In October this price pretty much remained the same at a value of $87 per sq.feet. The price for the following two months in (November, December) had a considerable increment of 184 %. The price per sq.feet has decreased 90 % 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 $120.75 to $109 during January, and February.
Based upon to the price in Silver Lake (cities), this has gone up considerably in the last 6 months. The price in September is $162,200, rising in October till $171,325. During the following two months (November, December) the average price had a considerable increase of 152 % 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 $210,275.75 to $169,816.5, which means a 81 % fall.