Property prices for sale in West Lebanon (Indiana)
The prices in real estate in West Lebanon, in the Indiana 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 West Lebanon has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,508. In the following month the price per sq.feet decreased to $1,323. The price for the following two months in (January, February) had a considerable decrease of 6 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 7 % 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 $750 to $52 during March, and April.
Based upon to the price in West Lebanon (cities), this has fallen considerably in the last 6 months. The average price for November is $142,286. During December the price had a slight fall till $128,000. In the following two months the average price has remained the same with regard to the previous two months from $135,143 to $134,430. During the last two months the average price has had a strong fall compared to the previous four going from $134,786.5 to $77,707, which means a 58 % fall.
