The prices in real estate in Orbisonia, 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 Orbisonia has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $954. In the following month the price per sq.feet decreased considerably to $159. The price for the following two months in (January, February) had a considerable decrease of 35 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 42 % 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 $374.5 to $157 during March, and April.
Based upon to the price in Orbisonia (cities), this has gone downing the last 6 months. The average price for November is $686,062. During December the price had a considerable reduction till $223,900. During the following two months (January, February) the average price had a considerable increase of 172 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.