The prices in real estate in Thornfield, in the Missouri 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 Thornfield has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,950. In the following month the price per sq.feet decreased considerably to $1,269. The price for the following two months in (January, February) had a considerable increment of 216 %. The price per sq.feet has had a considerable deflation of 70 % 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 $2,543.5 to $1,776 during March, and April.
Based upon to the price in Thornfield (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $541,475. During December the price went through a considerable rise reaching $631,375. In the following two months the average price has remained the same with regard to the previous two months from $586,425 to $612,925. During the last two months the average price has had a strong fall compared to the previous four going from $599,675 to $507,094, which means a 85 % fall.