The prices in real estate in North Bangor, in the New York 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 North Bangor has fallen in the last 6 months. In October, the average price per sq.feet was $81. In November this price pretty much remained the same at a value of $85 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 142 %. The price per sq.feet has had a considerable deflation of 27 % 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 $100.25 to $27.5 during February, and March.
Based upon to the price in North Bangor (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $120,650. During November the price went through a considerable rise reaching $162,256. During the following two months (December, January) the average price had a considerable increase of 141 % 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 $170,539 to $66,333.5, which means a 39 % fall.