The prices in real estate in Weidman, 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 Weidman has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $3,055. In the following month the price per sq.feet decreased considerably to $2,343. The price for the following two months in (May, June) had a considerable decrease of 6 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 18 % 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 $1,430 to $259.5 during July, and August.
Based upon to the price in Weidman (cities), this has gone downing the last 6 months. The average price for March is $251,014. During April the price had a slight fall till $229,206. In the following two months the average price has remained the same with regard to the previous two months from $240,110 to $246,618. During the last two months the average price has had a strong fall compared to the previous four going from $243,364 to $186,140, which means a 76 % fall.