The prices in real estate in Gates Mills, in the Ohio 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 Gates Mills has increased strongly during the last 6 months. In November, the average price per sq.feet was $180. In December this price pretty much remained the same at a value of $183 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 1816 %. The price per sq.feet has had a considerable increase of 706 % 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 $1,738.5 to $12,276.5 during March, and April.
Based upon to the price in Gates Mills (cities), this has gone up considerably in the last 6 months. The price in November is $759,321, rising in December till $846,572. In the following two months the average price has remained the same with regard to the previous two months from $802,946.5 to $820,565.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % during the last two months.