The prices in real estate in Pine Lake, in the Georgia 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 Lake has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $116. In the following month the price per sq.feet increased to $123. The price for the following two months in (March, April) had a considerable increment of 118 %. The price per sq.feet has had a considerable deflation of 0 % 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 $130.5 to during May, and June.
Based upon to the price in Pine Lake (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during January, is $144,740. During February the price went through a considerable rise reaching $167,117. During the following two months (March, April) the price has had an average incrementation from $155,928.5 to $173,316.5. During the last two months the average price has had a strong fall compared to the previous four going from $164,622.5 to , which means a 0 % fall.