The prices in real estate in Wyanet, in the Illinois 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 Wyanet has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $9,942. In the following month the price per sq.feet decreased considerably to $101. The price for the following two months in (January, February) had a considerable increment of 217 %. The price per sq.feet has had a considerable deflation of 1 % 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 $7,958 to $81.5 during March, and April.
Based upon to the price in Wyanet (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $196,143. In December This price remains at $192,557. During the following two months (January, February) the average price had a considerable increase of 116 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $209,773 to $85,666.5, which means a 41 % fall.