The prices in real estate in Proctorville, 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 Proctorville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $138. In December this price pretty much remained the same at a value of $133 per sq.feet. The price for the following two months in (January, February) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 79 % 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 $128.25 to $101.5 during March, and April.
Based upon to the price in Proctorville (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $344,272. In December This price remains at $328,658. In the following two months the average price has remained the same with regard to the previous two months from $336,465 to $343,145.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $339,805.25 to $311,081 in March and April.