The prices in real estate in Montague, in the California 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 Montague has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $474. In the following month the price per sq.feet decreased considerably to $296. The price for the following two months in (May, June) had a considerable decrease of 85 with regard to the prior two months. The price per sq.feet has had a considerable increase of 118 % 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 $355.25 to $418.5 during July, and August.
Based upon to the price in Montague (cities), this has fallen considerably in the last 6 months. The average price for March is $949,656. During April the price had a considerable reduction till $470,019. During the following two months (May, June) the average price had a considerable reduction of 75 % 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 149 % during the last two months.