The prices in real estate in Cashmere, in the Washington 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 Cashmere has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $248. In March this price pretty much remained the same at a value of $242 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $245 to $256 per sq.feet. The price per sq.feet has had a considerable deflation of 44 % 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 $250.5 to $109.5 during June, and July.
Based upon to the price in Cashmere (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $474,215. In March This price remains at $456,439. In the following two months the average price has remained the same with regard to the previous two months from $465,327 to $469,803.5. During the last two months the average price has had a strong fall compared to the previous four going from $467,565.25 to $307,300, which means a 66 % fall.