The prices in real estate in Mount Laguna, 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 Mount Laguna has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $271. In the following month the price per sq.feet decreased to $240. In the following two months the price per sq.feet has barely changed, going from $255.5 to $259.5 per sq.feet. The price per sq.feet has had a considerable deflation of 44 % 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 $257.5 to $113 during March, and April.
Based upon to the price in Mount Laguna (cities), this has fallen considerably in the last 6 months. The average price for November is $444,571. During December the price had a slight fall till $404,583. In the following two months the average price has remained the same with regard to the previous two months from $424,577 to $423,041.5. During the last two months the average price has had a strong fall compared to the previous four going from $423,809.25 to $93,083.5, which means a 22 % fall.