The prices in real estate in White Hall, 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 White Hall has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $172. In December this price pretty much remained the same at a value of $177 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $174.5 to $179.5 per sq.feet. The price per sq.feet has had a considerable deflation of 52 % 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 $177 to $91.5 during March, and April.
Based upon to the price in White Hall (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $462,769. In December This price remains at $471,010. During the following two months (January, February) the average price had a considerable reduction of 82 % 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 $424,574 to $189,317.5, which means a 45 % fall.