The prices in real estate in Watkins Glen, 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 Watkins Glen has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $590. In the following month the price per sq.feet decreased considerably to $484. The price for the following two months in (January, February) had a considerable increment of 132 %. The price per sq.feet has had a considerable deflation of 22 % 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 $622.75 to $140 during March, and April.
Based upon to the price in Watkins Glen (cities), this has gone downing the last 6 months. The average price for November is $327,504. During December the price had a slight fall till $306,776. In the following two months the average price has remained the same with regard to the previous two months from $317,140 to $327,461.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $322,300.75 to $274,188 in March and April.