The prices in real estate in Newton, in the Massachusetts 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 Newton has fallen in the last 6 months. In April, the average price per sq.feet was $480. In May this price pretty much remained the same at a value of $502 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $491 to $518 per sq.feet. The price per sq.feet has had a considerable deflation of 51 % 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 $504.5 to $255.5 during August, and September.
Based upon to the price in Newton (cities), this has fallen considerably in the last 6 months. The average price for April is $1,353,557. During May the price had a slight fall till $1,226,856. In the following two months the average price has remained the same with regard to the previous two months from $1,290,206.5 to $1,341,073. During the last two months the average price has had a strong fall compared to the previous four going from $1,315,639.75 to $668,968, which means a 51 % fall.