The prices in real estate in Lake Luzerne, 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 Lake Luzerne has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,126. In the following month the price per sq.feet increased considerably to $2,605. The price for the following two months in (December, January) had a considerable increment of 173 %. The price per sq.feet has had a considerable increase of 549 % 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 $3,225.25 to $17,703.5 during February, and March.
Based upon to the price in Lake Luzerne (cities), this has gone up in the last 6 months. The average price for October is $370,551. During November the price had a slight fall till $315,574. In the following two months the average price has remained the same with regard to the previous two months from $343,062.5 to $359,575.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 134 % during the last two months.