The prices in real estate in Castle Creek, 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 Castle Creek has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $8,439. In the following month the price per sq.feet decreased considerably to $118. The price for the following two months in (December, January) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable increase of 162 % 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 $2,872.5 to $4,642 during February, and March.
Based upon to the price in Castle Creek (cities), this has fallen considerably in the last 6 months. The average price for October is $281,014. During November the price had a considerable reduction till $188,500. During the following two months (December, January) the average price fell 90 % 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 $223,382.5 to $124,650, which means a 56 % fall.