The prices in real estate in King Ferry, 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 King Ferry has increased strongly during the last 6 months. In November, the average price per sq.feet was $136. In the following month the price per sq.feet decreased to $128. The price for the following two months in (January, February) had a considerable increment of 2089 %. The price per sq.feet has had a considerable increase of 144 % 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 $1,444.75 to $2,083 during March, and April.
Based upon to the price in King Ferry (cities), this has fallen considerably in the last 6 months. The average price for November is $313,363. During December the price had a slight fall till $268,875. During the following two months (January, February) the average price had a considerable reduction of 48 % 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 $215,534.5 to $145,412.5, which means a 67 % fall.