The prices in real estate in Middlebury Center, 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 Middlebury Center has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $15,687. In the following month the price per sq.feet decreased considerably to $174. In the following two months the price per sq.feet has increased 107 %, going from $7,930.5 to $8,525 per sq.feet. The price per sq.feet has had a considerable deflation of 24 % 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 $8,227.75 to $1,985 during March, and April.
Based upon to the price in Middlebury Center (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $178,617. During December the price went through a considerable rise reaching $349,900. During the following two months (January, February) the average price had a considerable reduction of 54 % 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 119 % during the last two months.