The prices in real estate in South Otselic, in the New York 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 Otselic has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $136. In December this price pretty much remained the same at a value of $134 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $135 to $139.5 per sq.feet. The price per sq.feet has had a considerable deflation of 0 % 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 $137.25 to during March, and April.
Based upon to the price in South Otselic (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $285,233. In December This price remains at $272,875. During the following two months (January, February) 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 $271,584.5 to , which means a 0 % fall.