The prices in real estate in Pine Hill, in the New York 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 Pine Hill has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $428. In the following month the price per sq.feet decreased to $375. The price for the following two months in (December, January) had a considerable decrease of 67 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $336 to $280.5 during February, and March.
Based upon to the price in Pine Hill (cities), this has gone downing the last 6 months. The average price for October is $568,778. During November the price had a slight fall till $507,786. During the following two months (December, January) the average price fell 85 % 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 115 % during the last two months.