The prices in real estate in San Juan, in the Texas 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 San Juan has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $116. In the following month the price per sq.feet decreased to $106. The price for the following two months in (June, July) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 14 % 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 $104.75 to $14.5 during August, and September.
Based upon to the price in San Juan (cities), this has fallen considerably in the last 6 months. The average price for April is $196,513. During May the price had a considerable reduction till $161,416. In the following two months the average price has remained the same with regard to the previous two months from $178,964.5 to $179,122. During the last two months the average price has had a strong fall compared to the previous four going from $179,043.25 to $19,316.5, which means a 11 % fall.