The prices in real estate in North Plains, in the Oregon 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 North Plains has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $335. In April this price pretty much remained the same at a value of $335 per sq.feet. The price for the following two months in (May, June) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 58 % 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 $311.5 to $180.5 during July, and August.
Based upon to the price in North Plains (cities), this has fallen considerably in the last 6 months. The average price for March is $869,281. During April the price had a slight fall till $770,662. In the following two months the average price has remained the same with regard to the previous two months from $819,971.5 to $819,988. During the last two months the average price has had a strong fall compared to the previous four going from $819,979.75 to $417,063, which means a 51 % fall.