The prices in real estate in West Salem, in the Ohio 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 West Salem has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $117. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (February, March) had a considerable increment of 205 %. The price per sq.feet has had a considerable deflation of 67 % 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 $89.25 to $60 during April, and May.
Based upon to the price in West Salem (cities), this has fallen considerably in the last 6 months. The average price for December is $211,689. During January the price had a considerable reduction till . During the following two months (February, March) the average price had a considerable increase of 168 % 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 $141,695.25 to $88,773, which means a 63 % fall.