The prices in real estate in Amador City, in the California 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 Amador City has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $504. In the following month the price per sq.feet decreased considerably to $399. The price for the following two months in (December, January) had a considerable increment of 117 %. The price per sq.feet has had a considerable deflation of 39 % 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 $490 to $192.5 during February, and March.
Based upon to the price in Amador City (cities), this has fallen considerably in the last 6 months. The average price for October is $613,800. During November the price had a slight fall till $581,533. During the following two months (December, January) the price has had an average incrementation from $597,666.5 to $666,083.5. During the last two months the average price has had a strong fall compared to the previous four going from $631,875 to $313,771.5, which means a 50 % fall.