The prices in real estate in Versailles, 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 Versailles has increased strongly during the last 6 months. In October, the average price per sq.feet was $165. In the following month the price per sq.feet increased considerably to $728. The price for the following two months in (December, January) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable increase of 917 % 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 $353.25 to $3,238 during February, and March.
Based upon to the price in Versailles (cities), this has fallen considerably in the last 6 months. The average price for October is $349,165. During November the price had a considerable reduction till $294,063. In the following two months the average price has remained the same with regard to the previous two months from $321,614 to $317,792.5. During the last two months the average price has had a strong fall compared to the previous four going from $319,703.25 to $271,513, which means a 85 % fall.