The prices in real estate in Chaumont, 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 Chaumont has increased strongly during the last 6 months. In November, the average price per sq.feet was $189. In the following month the price per sq.feet decreased considerably to $159. The price for the following two months in (January, February) had a considerable increment of 2625 %. The price per sq.feet has had a considerable deflation of 7 % 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 $2,370.5 to $158.5 during March, and April.
Based upon to the price in Chaumont (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $269,170. In December This price remains at $265,993. During the following two months (January, February) the average price fell 89 % 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 $252,803.75 to $210,136.5, which means a 83 % fall.