The prices in real estate in East Durham, 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 East Durham has increased strongly during the last 6 months. In November, the average price per sq.feet was $871. In the following month the price per sq.feet increased considerably to $1,185. The price for the following two months in (January, February) had a considerable increment of 364 %. The price per sq.feet has had a considerable deflation of 80 % 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 $2,386.25 to $1,918 during March, and April.
Based upon to the price in East Durham (cities), this has fallen considerably in the last 6 months. The average price for November is $306,233. During December the price had a considerable reduction till $248,850. In the following two months the average price has remained the same with regard to the previous two months from $277,541.5 to $289,031.5. During the last two months the average price has had a strong fall compared to the previous four going from $283,286.5 to $155,940, which means a 55 % fall.