The prices in real estate in Orrstown, in the Pennsylvania region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Orrstown has increased strongly during the last 6 months. In November, the average price per sq.feet was $188. In the following month the price per sq.feet increased to $204. The price for the following two months in (January, February) had a considerable increment of 8242 %. The price per sq.feet has had a considerable deflation of 1 % 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 $8,175.5 to $86.5 during March, and April.
Based upon to the price in Orrstown (cities), this has gone downing the last 6 months. The price in November is $258,430, rising in December till $274,900. In the following two months the average price has remained the same with regard to the previous two months from $266,665 to $270,150. During the last two months the average price has had a strong fall compared to the previous four going from $268,407.5 to $149,983.5, which means a 56 % fall.