The prices in real estate in Ubly, 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 Ubly has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $122. In December this price pretty much remained the same at a value of $122 per sq.feet. The price for the following two months in (January, February) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 74 % 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 $116.75 to $86 during March, and April.
Based upon to the price in Ubly (cities), this has gone downing the last 6 months. The price in November is $209,886, rising in December till $237,890. In the following two months the average price has remained the same with regard to the previous two months from $223,888 to $220,475. During the last two months the average price has had a strong fall compared to the previous four going from $222,181.5 to $131,808, which means a 59 % fall.