The prices in real estate in San Simeon, in the California 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 Simeon has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $673. In the following month the price per sq.feet decreased to $585. 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 70 % 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 $594 to $418.5 during March, and April.
Based upon to the price in San Simeon (cities), these have remained the same in the last 6 months. The average price for November is $658,818. During December the price had a slight fall till $573,778. In the following two months the average price has remained the same with regard to the previous two months from $616,298 to $615,750. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.