Property prices for sale in Palomar Mountain (California)
The prices in real estate in Palomar Mountain, in the California 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 Palomar Mountain has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $50,360. In the following month the price per sq.feet decreased considerably to $572. In the following two months the price per sq.feet has barely changed, going from $25,466 to $25,503.5 per sq.feet. The price per sq.feet has increased 108 % 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 $25,484.75 to $27,484 during March, and April.
Based upon to the price in Palomar Mountain (cities), this has gone up considerably in the last 6 months. The price in November is $996,500, rising in December till $1,144,706. During the following two months (January, February) the average price had a considerable increase of 126 % 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 110 % during the last two months.
