The prices in real estate in Scroggins, 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 Scroggins has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $485. In June this price pretty much remained the same at a value of $473 per sq.feet. The price for the following two months in (July, August) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $446.75 to $362 during September, and October.
Based upon to the price in Scroggins (cities), this has gone downing the last 6 months. In our first sample month during May, the average price is $1,145,534. In June This price remains at $1,115,162. During the following two months (July, August) the average price fell 95 % 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 $1,100,679 to $807,993.5, which means a 73 % fall.