The prices in real estate in Sharon, 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 Sharon has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $169. In the following month the price per sq.feet decreased considerably to $61. The price for the following two months in (September, October) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 63 % 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 $88.25 to $56 during November, and December.
Based upon to the price in Sharon (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $22,656. During August the price went through a considerable rise reaching $82,450. During the following two months (September, October) the average price had a considerable increase of 160 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.