The prices in real estate in Branchport, 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 Branchport has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,443. In the following month the price per sq.feet decreased considerably to $464. The price for the following two months in (January, February) had a considerable increment of 121 %. The price per sq.feet has had a considerable deflation of 74 % 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 $1,053.75 to $777.5 during March, and April.
Based upon to the price in Branchport (cities), this has fallen considerably in the last 6 months. The price in November is $1,058,817, rising in December till $1,189,725. During the following two months (January, February) the average price had a considerable reduction of 57 % 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 $881,271.75 to $615,237.5, which means a 70 % fall.