The prices in real estate in Girdletree, in the Maryland 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 Girdletree has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $11,918. In the following month the price per sq.feet decreased considerably to $1,169. In the following two months the price per sq.feet has increased 108 %, going from $6,543.5 to $7,068.5 per sq.feet. The price per sq.feet has had a considerable deflation of 33 % 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 $6,806 to $2,254.5 during March, and April.
Based upon to the price in Girdletree (cities), this has fallen considerably in the last 6 months. The price in November is $785,817, rising in December till $892,500. During the following two months (January, February) the average price fell 89 % 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 $794,880.5 to $199,707, which means a 25 % fall.