The prices in real estate in Burlington Flats, in the New York 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 Burlington Flats has increased strongly during the last 6 months. In November, the average price per sq.feet was $119. In December this price pretty much remained the same at a value of $119 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 2806 %. The price per sq.feet has had a considerable increase of 153 % 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 $1,729 to $2,653 during March, and April.
Based upon to the price in Burlington Flats (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $768,500. In December This price remains at $768,500. During the following two months (January, February) the average price had a considerable reduction of 35 % 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 $517,035.75 to $68,414.5, which means a 13 % fall.