The prices in real estate in Falls, in the Pennsylvania region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Falls has increased strongly during the last 6 months. In November, the average price per sq.feet was $6,343. In the following month the price per sq.feet increased considerably to $16,531. The price for the following two months in (January, February) had a considerable increment of 116 %. The price per sq.feet has had a considerable deflation of 10 % 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 $12,363 to $1,201.5 during March, and April.
Based upon to the price in Falls (cities), this has fallen considerably in the last 6 months. The average price for November is $232,967. During December the price had a considerable reduction till $160,740. During the following two months (January, February) the average price had a considerable reduction of 72 % 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 $169,116.75 to $80,075, which means a 47 % fall.