The prices in real estate in Oregonia, in the Ohio 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 Oregonia has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $15,910. In the following month the price per sq.feet decreased to $14,798. The price for the following two months in (January, February) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 2 % 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 $8,962.5 to $187.5 during March, and April.
Based upon to the price in Oregonia (cities), this has gone downing the last 6 months. The average price for November is $530,300. During December the price had a considerable reduction till $450,211. During the following two months (January, February) the price has had an average incrementation from $490,255.5 to $556,912.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $523,584 to $470,907 in March and April.