Property prices for sale in Railroad (Pennsylvania)
The prices in real estate in Railroad, in the Pennsylvania 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 Railroad has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $241. In November this price pretty much remained the same at a value of $241 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $241 to $257.5 per sq.feet. The price per sq.feet has had a considerable deflation of 48 % 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 $249.25 to $119.5 during February, and March.
Based upon to the price in Railroad (cities), this has fallen considerably in the last 6 months. The price in October is $605,415, rising in November till $661,629. During the following two months (December, January) the average price fell 89 % 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 $598,362.75 to $333,687.5, which means a 56 % fall.
