The prices in real estate in Valhalla, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Valhalla has fallen in the last 6 months. In April, the average price per sq.feet was $357. In the following month the price per sq.feet increased to $383. In the following two months the price per sq.feet has barely changed, going from $370 to $379 per sq.feet. The price per sq.feet has had a considerable deflation of 52 % 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 $374.5 to $194 during August, and September.
Based upon to the price in Valhalla (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $816,275. In May This price remains at $817,062. During the following two months (June, July) the average price fell 93 % 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 $786,783.75 to $376,107.5, which means a 48 % fall.