The prices in real estate in Mine Hill, in the New Jersey 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 Mine Hill has increased strongly during the last 6 months. In October, the average price per sq.feet was $9,035. In the following month the price per sq.feet decreased considerably to $225. The price for the following two months in (December, January) had a considerable increment of 389 %. The price per sq.feet has had a considerable increase of 236 % 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 $11,317.5 to $26,727 during February, and March.
Based upon to the price in Mine Hill (cities), this has gone downing the last 6 months. The price in October is $392,417, rising in November till $438,675. During the following two months (December, January) the price has had an average incrementation from $415,546 to $450,550. During the last two months the average price has had a strong fall compared to the previous four going from $433,048 to $216,712.5, which means a 50 % fall.