The prices in real estate in Swea City, in the Iowa 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 Swea City has increased strongly during the last 6 months. In November, the average price per sq.feet was $64. In December this price pretty much remained the same at a value of $65 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 4940 %. The price per sq.feet has had a considerable deflation of 2 % 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 $1,625.25 to $37.5 during March, and April.
Based upon to the price in Swea City (cities), this has fallen considerably in the last 6 months. The average price for November is $104,200. During December the price had a considerable reduction till $78,000. During the following two months (January, February) the average price had a considerable reduction of 80 % 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 $82,170 to $49,912.5, which means a 61 % fall.