The prices in real estate in Colonie, in the New York region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Colonie has increased during the last 6 months. In November, the average price per sq.feet was $222. In December this price pretty much remained the same at a value of $227 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $224.5 to $237 per sq.feet. The price per sq.feet has increased 107 % 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 $230.75 to $246 during March, and April.
Based upon to the price in Colonie (cities), this has gone up considerably in the last 6 months. The price in November is $335,795, rising in December till $381,225. During the following two months (January, February) the average price had a considerable increase of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.