The prices in real estate in East Otto, 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 Otto has increased strongly during the last 6 months. In November, the average price per sq.feet was $576. In the following month the price per sq.feet increased considerably to $1,771. The price for the following two months in (January, February) had a considerable increment of 184 %. The price per sq.feet has had a considerable increase of 184 % 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 $1,665.75 to $3,059 during March, and April.
Based upon to the price in East Otto (cities), this has gone downing the last 6 months. The average price for November is $230,158. During December the price had a slight fall till $203,233. During the following two months (January, February) the average price had a considerable increase of 122 % 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 $240,024 to $136,820, which means a 57 % fall.