The prices in real estate in Mohawk, 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 Mohawk has increased strongly during the last 6 months. In November, the average price per sq.feet was $126. In the following month the price per sq.feet decreased to $119. The price for the following two months in (January, February) had a considerable increment of 182 %. The price per sq.feet has had a considerable increase of 133 % 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 $172.5 to $230 during March, and April.
Based upon to the price in Mohawk (cities), this has gone up in the last 6 months. The price in November is $191,152, rising in December till $209,719. In the following two months the average price has remained the same with regard to the previous two months from $200,435.5 to $202,607.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.