The prices in real estate in Orangeville, in the Pennsylvania 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 Orangeville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $157. In the following month the price per sq.feet decreased considerably to $122. In the following two months the price per sq.feet has barely changed, going from $139.5 to $143.5 per sq.feet. The price per sq.feet has had a considerable deflation of 71 % 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 $141.5 to $100.5 during March, and April.
Based upon to the price in Orangeville (cities), this has fallen considerably in the last 6 months. The average price for November is $249,806. During December the price had a slight fall till $226,987. During the following two months (January, February) the average price had a considerable reduction of 81 % 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 $215,890.5 to $177,567, which means a 82 % fall.