The prices in real estate in Brawley, 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 Brawley has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $183. In May this price pretty much remained the same at a value of $185 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $184 to $193 per sq.feet. The price per sq.feet has had a considerable deflation of 53 % 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 $188.5 to $99.5 during August, and September.
Based upon to the price in Brawley (cities), this has gone up in the last 6 months. The average price during our first sample month during April, is $249,631. During May the price went through a considerable rise reaching $312,926. During the following two months (June, July) the average price had a considerable increase of 126 % 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 $318,061.75 to $201,161, which means a 63 % fall.