The prices in real estate in Washington, in the Connecticut 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 Washington has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $466. In the following month the price per sq.feet increased to $497. In the following two months the price per sq.feet has barely changed, going from $481.5 to $492 per sq.feet. The price per sq.feet has had a considerable deflation of 48 % 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 $486.75 to $235.5 during August, and September.
Based upon to the price in Washington (cities), this has fallen considerably in the last 6 months. The average price for April is $1,718,166. During May the price had a slight fall till $1,552,846. During the following two months (June, July) the price has had an average incrementation from $1,635,506 to $1,853,882. During the last two months the average price has had a strong fall compared to the previous four going from $1,744,694 to $911,601, which means a 52 % fall.