Property prices for sale in Lorraine (New York)
The prices in real estate in Lorraine, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Lorraine has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $605. In the following month the price per sq.feet decreased considerably to $117. The price for the following two months in (December, January) had a considerable increment of 130 %. The price per sq.feet has had a considerable increase of 132 % 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 $416 to $549.5 during February, and March.
Based upon to the price in Lorraine (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $155,290. During November the price went through a considerable rise reaching $189,680. In the following two months the average price has remained the same with regard to the previous two months from $172,485 to $165,089. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.
