Property prices for sale in Chemung (New York)
The prices in real estate in Chemung, 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 Chemung has increased strongly during the last 6 months. In November, the average price per sq.feet was $248. In the following month the price per sq.feet decreased considerably to $190. The price for the following two months in (January, February) had a considerable increment of 296 %. The price per sq.feet has had a considerable deflation of 57 % 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 $433.5 to $246 during March, and April.
Based upon to the price in Chemung (cities), this has fallen considerably in the last 6 months. The average price for November is $303,675. During December the price had a considerable reduction till $240,350. During the following two months (January, February) the average price fell 95 % 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 $265,196.25 to $95,260, which means a 36 % fall.
