The prices in real estate in Port Crane, 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 Port Crane has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $268. In the following month the price per sq.feet increased considerably to $324. The price for the following two months in (December, January) had a considerable decrease of 32 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 72 % 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 $195.75 to $141.5 during February, and March.
Based upon to the price in Port Crane (cities), this has fallen considerably in the last 6 months. The average price for October is $220,410. During November the price had a considerable reduction till $143,907. During the following two months (December, January) the average price had a considerable reduction of 71 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $155,934 and $162,355.5 between February and March.