The prices in real estate in Falls Village, in the Connecticut 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 Falls Village has increased strongly during the last 6 months. In October, the average price per sq.feet was $480. In the following month the price per sq.feet decreased to $422. The price for the following two months in (December, January) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable increase of 633 % 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 $346.5 to $2,192.5 during February, and March.
Based upon to the price in Falls Village (cities), this has fallen considerably in the last 6 months. The average price for October is $1,453,750. During November the price had a considerable reduction till $595,000. During the following two months (December, January) the average price had a considerable reduction of 35 % 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 $691,875 to $196,875, which means a 28 % fall.