The prices in real estate in Medusa, 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 Medusa has increased strongly during the last 6 months. In November, the average price per sq.feet was $249. In the following month the price per sq.feet increased considerably to $345. The price for the following two months in (January, February) had a considerable increment of 855 %. The price per sq.feet has had a considerable increase of 421 % 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 $1,418.75 to $5,975 during March, and April.
Based upon to the price in Medusa (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $449,111. During December the price went through a considerable rise reaching $651,500. In the following two months the average price has remained the same with regard to the previous two months from $550,305.5 to $557,000. During the last two months the average price has had a strong fall compared to the previous four going from $553,652.75 to $172,833.5, which means a 31 % fall.