The prices in real estate in Mannington, in the West Virginia 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 Mannington has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,037. In the following month the price per sq.feet decreased considerably to $141. The price for the following two months in (December, January) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 69 % 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 $412 to $284.5 during February, and March.
Based upon to the price in Mannington (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $218,108. In November This price remains at $226,580. In the following two months the average price has remained the same with regard to the previous two months from $222,344 to $230,504. 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 $226,424 and $224,242.5 between February and March.