Property prices for sale in South Gibson (Pennsylvania)
The prices in real estate in South Gibson, 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 South Gibson has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $149. In the following month the price per sq.feet decreased to $131. The price for the following two months in (December, January) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 65 % 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 $103.5 to $67 during February, and March.
Based upon to the price in South Gibson (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $446,975. During November the price went through a considerable rise reaching $563,644. During the following two months (December, January) the average price had a considerable reduction of 48 % 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 $374,904.75 to $244,500, which means a 65 % fall.
