The prices in real estate in Grindstone, in the Pennsylvania 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 Grindstone has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,569. In the following month the price per sq.feet decreased considerably to $146. The price for the following two months in (January, February) had a considerable decrease of 39 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 8 % 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 $1,288 to $103 during March, and April.
Based upon to the price in Grindstone (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $146,567. In December This price remains at $153,233. In the following two months the average price has remained the same with regard to the previous two months from $149,900 to $153,567. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $151,733.5 and $158,300 between March and April.