The prices in real estate in Leetsdale, 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 Leetsdale has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $180. In the following month the price per sq.feet decreased to $163. In the following two months the price per sq.feet has barely changed, going from $171.5 to $178.5 per sq.feet. The price per sq.feet has had a considerable deflation of 45 % 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 $175 to $79.5 during March, and April.
Based upon to the price in Leetsdale (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $323,778. In December This price remains at $335,400. In the following two months the average price has remained the same with regard to the previous two months from $329,589 to $342,040. During the last two months the average price has had a strong fall compared to the previous four going from $335,814.5 to $71,562.5, which means a 21 % fall.