The prices in real estate in Peachland, in the British Columbia 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 Peachland has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $800. In November this price pretty much remained the same at a value of $789 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 46 % 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 $686.75 to $316.5 during February, and March.
Based upon to the price in Peachland (cities), this has gone up in the last 6 months. The average price for October is $1,555,236. During November the price had a slight fall till $1,431,137. During the following two months (December, January) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,629,970 and $1,687,978 between February and March.