The prices in real estate in Panacea, in the Florida region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Panacea has fallen in the last 6 months. In January, the average price per sq.feet was $191. In February this price pretty much remained the same at a value of $186 per sq.feet. The price for the following two months in (March, April) decreased 92 % with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $181 to $163.5 during May, and June.
Based upon to the price in Panacea (cities), these have remained the same in the last 6 months. The price in January is $273,274, rising in February till $290,147. In the following two months the average price has remained the same with regard to the previous two months from $281,710.5 to $273,692. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $277,701.25 to $261,937 in May and June.