Property prices for sale in Peninsula (Ohio)
The prices in real estate in Peninsula, 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 Peninsula has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $262. In the following month the price per sq.feet decreased considerably to $159. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $204.25 to $180.5 during February, and March.
Based upon to the price in Peninsula (cities), this has fallen considerably in the last 6 months. The average price for October is $1,459,473. During November the price had a considerable reduction till $542,450. During the following two months (December, January) the average price had a considerable reduction of 37 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $686,582.75 to $473,211, which means a 69 % fall.
