The prices in real estate in Six Lakes, 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 Six Lakes has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $356. In the following month the price per sq.feet increased considerably to $646. The price for the following two months in (December, January) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 61 % 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 $326.5 to $198 during February, and March.
Based upon to the price in Six Lakes (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $224,250. In November This price remains at $227,746. In the following two months the average price has remained the same with regard to the previous two months from $225,998 to $218,038.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $222,018.25 and $221,258.5 between February and March.