The prices in real estate in Dennisville, in the New Jersey 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 Dennisville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $272. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (January, February) had a considerable increment of 189 %. The price per sq.feet has had a considerable deflation of 58 % 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 $196.5 to $114 during March, and April.
Based upon to the price in Dennisville (cities), this has fallen considerably in the last 6 months. The average price for November is $546,540. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable increase of 152 % 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 $343,885 to $172,600, which means a 50 % fall.