The prices in real estate in Montague, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Montague has increased strongly during the last 6 months. In June, the average price per sq.feet was $240. In the following month the price per sq.feet increased considerably to $504. The price for the following two months in (August, September) had a considerable increment of 171 %. The price per sq.feet has had a considerable deflation of 41 % 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 $504 to $206 during October, and November.
Based upon to the price in Montague (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $394,000. During July the price went through a considerable rise reaching $829,309. During the following two months (August, September) the average price had a considerable increase of 173 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $836,378 to $327,705.5, which means a 39 % fall.