The prices in real estate in Fox Island, in the Washington 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 Fox Island has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $531. In the following month the price per sq.feet decreased to $499. The price for the following two months in (May, June) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 46 % 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 $450.75 to $205.5 during July, and August.
Based upon to the price in Fox Island (cities), this has fallen considerably in the last 6 months. The average price for March is $2,466,333. During April the price had a slight fall till $2,233,800. During the following two months (May, June) the average price had a considerable reduction of 69 % 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 $1,982,027 to $668,112.5, which means a 34 % fall.