Property prices for sale in Ghent (New York)
The prices in real estate in Ghent, 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 Ghent has increased strongly during the last 6 months. In November, the average price per sq.feet was $566. In the following month the price per sq.feet decreased considerably to $437. The price for the following two months in (January, February) had a considerable increment of 327 %. The price per sq.feet has had a considerable deflation of 30 % 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 $1,070.5 to $326.5 during March, and April.
Based upon to the price in Ghent (cities), this has fallen considerably in the last 6 months. The price in November is $996,248, rising in December till $1,065,594. During the following two months (January, February) the average price had a considerable reduction of 57 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
