The prices in real estate in Jersey Shore, 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 Jersey Shore has increased strongly during the last 6 months. In October, the average price per sq.feet was $164. In November this price pretty much remained the same at a value of $159 per sq.feet. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 3739 % 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 $154.75 to $5,786 during February, and March.
Based upon to the price in Jersey Shore (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $292,512. In November This price remains at $279,404. During the following two months (December, January) the average price had a considerable reduction of 82 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $260,411 to $222,743.5 in February and March.