The prices in real estate in Castile, 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 Castile has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $150. In November this price pretty much remained the same at a value of $146 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 85 % 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 $125.75 to $106.5 during February, and March.
Based upon to the price in Castile (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $152,471. In November This price remains at $155,600. During the following two months (December, January) the price has had an average incrementation from $154,035.5 to $169,894.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 137 % during the last two months.