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 December, the average price per sq.feet was $44. In January this price pretty much remained the same at a value of $44 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $44 to $43 per sq.feet. The price per sq.feet has had a considerable deflation of 39 % 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 $43.5 to $17 during April, and May.
Based upon to the price in Sharon (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $66,300. In January This price remains at $66,300. In the following two months the average price has remained the same with regard to the previous two months from $66,300 to $66,233. During the last two months the average price has had a strong fall compared to the previous four going from $66,266.5 to $25,587.5, which means a 39 % fall.