Property prices for sale in Luzerne (Pennsylvania)
The prices in real estate in Luzerne, 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 Luzerne has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $1,622. In the following month the price per sq.feet decreased considerably to $182. The price for the following two months in (May, June) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 21 % 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 $603 to $126.5 during July, and August.
Based upon to the price in Luzerne (cities), this has gone up in the last 6 months. The average price for March is $153,600. During April the price had a slight fall till $132,200. During the following two months (May, June) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 163 % during the last two months.
