The prices in real estate in Pacific City, 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 Pacific City has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $185. In May this price pretty much remained the same at a value of $181 per sq.feet. The price for the following two months in (June, July) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $152 to $121 during August, and September.
Based upon to the price in Pacific City (cities), these have remained the same in the last 6 months. The average price for April is $226,080. During May the price had a slight fall till $196,367. During the following two months (June, July) the price has had an average incrementation from $211,223.5 to $222,400. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $216,811.75 and $222,400 between August and September.