The prices in real estate in Wellston, 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 Wellston has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $2,292. In the following month the price per sq.feet decreased considerably to $143. The price for the following two months in (January, February) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable increase of 290 % 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 $913 to $2,651 during March, and April.
Based upon to the price in Wellston (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $124,124. During December the price went through a considerable rise reaching $178,525. In the following two months the average price has remained the same with regard to the previous two months from $151,324.5 to $149,047. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.