The prices in real estate in Emlenton, in the Pennsylvania 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 Emlenton has increased strongly during the last 6 months. In November, the average price per sq.feet was $316. In the following month the price per sq.feet increased considerably to $1,563. The price for the following two months in (January, February) had a considerable increment of 225 %. The price per sq.feet has had a considerable deflation of 43 % 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 $1,528.5 to $655 during March, and April.
Based upon to the price in Emlenton (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $265,311. During December the price went through a considerable rise reaching $485,330. During the following two months (January, February) the average price had a considerable reduction of 70 % 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 $319,278.75 to $224,040.5, which means a 70 % fall.