The prices in real estate in Van Etten, 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 Van Etten has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $2,412. In the following month the price per sq.feet decreased considerably to $1,027. In the following two months the price per sq.feet has barely changed, going from $1,719.5 to $1,659 per sq.feet. The price per sq.feet has had a considerable deflation of 55 % 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 $1,689.25 to $926.5 during March, and April.
Based upon to the price in Van Etten (cities), this has gone downing the last 6 months. The average price for November is $237,522. During December the price had a considerable reduction till $176,429. During the following two months (January, February) the price has had an average incrementation from $206,975.5 to $220,331. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.