Property prices for sale in Springs (Pennsylvania)
The prices in real estate in Springs, 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 Springs has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $303. In the following month the price per sq.feet decreased considerably to $139. The price for the following two months in (December, January) had a considerable decrease of 20 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 54 % 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 $132.5 to $72 during February, and March.
Based upon to the price in Springs (cities), this has fallen considerably in the last 6 months. The average price for October is $492,333. During November the price had a considerable reduction till $234,038. During the following two months (December, January) the average price had a considerable reduction of 17 % 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 $213,289.5 to $120,357.5, which means a 56 % fall.
