The prices in real estate in Ligonier, 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 Ligonier has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $17,630. In the following month the price per sq.feet decreased considerably to $14,818. The price for the following two months in (November, December) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable increase of 171 % 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 $8,236 to $14,123 during January, and February.
Based upon to the price in Ligonier (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $893,372. In October This price remains at $870,049. During the following two months (November, December) the average price had a considerable reduction of 76 % with regard to the previous two months. 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 $777,244.5 and $810,069.5 between January and February.