The prices in real estate in Crook, in the Colorado 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 Crook has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $306. In December this price pretty much remained the same at a value of $303 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 17 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 $178.5 to $134 during March, and April.
Based upon to the price in Crook (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,646,667. In December This price remains at $1,720,000. During the following two months (January, February) the average price had a considerable reduction of 9 % 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 $915,250 to $339,187.5, which means a 37 % fall.