The prices in real estate in Pontiac, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Pontiac has remained the same in the last 6 months. In April, the average price per sq.feet was $79. In the following month the price per sq.feet increased to $86. The price for the following two months in (June, July) had a considerable increment of 134 %. The price per sq.feet has had a considerable deflation of 52 % 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 $96.5 to $50 during August, and September.
Based upon to the price in Pontiac (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is $102,926. In May This price remains at $104,744. During the following two months (June, July) the average price had a considerable increase of 158 % 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 $133,716.75 to $64,261.5, which means a 48 % fall.