The prices in real estate in Summitville, 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 Summitville has increased strongly during the last 6 months. In November, the average price per sq.feet was $93. In the following month the price per sq.feet increased to $102. The price for the following two months in (January, February) had a considerable increment of 447 %. The price per sq.feet has had a considerable deflation of 19 % 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 $266.5 to $49.5 during March, and April.
Based upon to the price in Summitville (cities), this has fallen considerably in the last 6 months. The price in November is $182,605, rising in December till $193,273. In the following two months the average price has remained the same with regard to the previous two months from $187,939 to $185,446.5. During the last two months the average price has had a strong fall compared to the previous four going from $186,692.75 to $82,475, which means a 44 % fall.