The prices in real estate in Bergen, in the New York 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 Bergen has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,955. In the following month the price per sq.feet decreased considerably to $206. The price for the following two months in (December, January) had a considerable decrease of 18 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 33 % 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 $639 to $212 during February, and March.
Based upon to the price in Bergen (cities), this has gone up in the last 6 months. The average price for October is $383,992. During November the price had a slight fall till $355,880. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 162 % during the last two months.