The prices in real estate in Southwick, in the Massachusetts 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 Southwick has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $164. In April this price pretty much remained the same at a value of $162 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % 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 $124.25 to $93 during July, and August.
Based upon to the price in Southwick (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during March, is $385,905. During April the price went through a considerable rise reaching $508,650. During the following two months (May, June) the average price had a considerable reduction of 49 % 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 $333,538.75 to $173,757, which means a 52 % fall.