The prices in real estate in Hamilton City, in the California 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 Hamilton City has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $264. In December this price pretty much remained the same at a value of $271 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 49 % 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 $189.25 to $92 during March, and April.
Based upon to the price in Hamilton City (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $334,500. In December This price remains at $334,600. During the following two months (January, February) the average price had a considerable reduction of 37 % 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 $228,691.75 to $137,500, which means a 60 % fall.