The prices in real estate in Buckeye, in the Arizona 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 Buckeye has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $175. In May this price pretty much remained the same at a value of $179 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $177 to $184 per sq.feet. The price per sq.feet has had a considerable deflation of 50 % 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 $180.5 to $90 during August, and September.
Based upon to the price in Buckeye (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $349,011. In May This price remains at $347,241. In the following two months the average price has remained the same with regard to the previous two months from $348,126 to $357,884.5. During the last two months the average price has had a strong fall compared to the previous four going from $353,005.25 to $181,005, which means a 51 % fall.