The prices in real estate in Mill City, in the Oregon region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Mill City has fallen in the last 6 months. In May, the average price per sq.feet was $158. In the following month the price per sq.feet increased to $178. The price for the following two months in (July, August) had a considerable increment of 116 %. The price per sq.feet has had a considerable deflation of 48 % 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 $181.25 to $87 during September, and October.
Based upon to the price in Mill City (cities), these have remained the same in the last 6 months. The average price during our first sample month during May, is $220,680. During June the price went through a considerable rise reaching $276,943. In the following two months the average price has remained the same with regard to the previous two months from $248,811.5 to $259,116.5. During the last two months the average price has had a strong fall compared to the previous four going from $253,964 to $130,411, which means a 51 % fall.