The prices in real estate in Spiceland, 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 Spiceland has increased strongly during the last 6 months. In October, the average price per sq.feet was $74. In the following month the price per sq.feet increased to $78. The price for the following two months in (December, January) had a considerable increment of 134 %. 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 $89 to $80 during February, and March.
Based upon to the price in Spiceland (cities), this has gone up in the last 6 months. The average price for October is $169,380. During November the price had a slight fall till $160,563. During the following two months (December, January) the average price had a considerable increase of 130 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $189,920.5 to $173,368 in February and March.