The prices in real estate in Cranesville, in the Pennsylvania 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 Cranesville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $14,924. In the following month the price per sq.feet decreased considerably to $1,102. The price for the following two months in (January, February) had a considerable increment of 182 %. The price per sq.feet has had a considerable deflation of 1 % 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 $11,297.25 to $124 during March, and April.
Based upon to the price in Cranesville (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $127,529. In December This price remains at $125,950. During the following two months (January, February) the average price had a considerable increase of 246 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % during the last two months.