The prices in real estate in Ariel, in the Washington region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Ariel has increased strongly during the last 6 months. In October, the average price per sq.feet was $447. In the following month the price per sq.feet decreased considerably to $333. The price for the following two months in (December, January) had a considerable increment of 1787 %. The price per sq.feet has had a considerable increase of 313 % 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 $3,679.25 to $11,526 during February, and March.
Based upon to the price in Ariel (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $408,333. During November the price went through a considerable rise reaching $518,500. During the following two months (December, January) the average price had a considerable reduction of 48 % 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 $342,222 to $250,533, which means a 73 % fall.