The prices in real estate in Canterbury, in the Connecticut 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 Canterbury has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $589. In the following month the price per sq.feet decreased considerably to $222. The price for the following two months in (December, January) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % 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 $311.5 to $233 during February, and March.
Based upon to the price in Canterbury (cities), this has gone up in the last 6 months. The price in October is $345,142, rising in November till $378,516. During the following two months (December, January) the price has had an average incrementation from $361,829 to $409,184.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $385,506.75 to $356,724.5 in February and March.