The prices in real estate in Westover, in the Maryland 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 Westover has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,647. In the following month the price per sq.feet decreased considerably to $351. The price for the following two months in (December, January) had a considerable increment of 159 %. The price per sq.feet has had a considerable increase of 173 % 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 $3,231.75 to $5,588 during February, and March.
Based upon to the price in Westover (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $260,775. During November the price went through a considerable rise reaching $417,700. During the following two months (December, January) the average price had a considerable reduction of 43 % 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 $242,303.75 to $168,052, which means a 69 % fall.