The prices in real estate in Mongaup Valley, 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 Mongaup Valley has increased strongly during the last 6 months. In November, the average price per sq.feet was $128,688. In the following month the price per sq.feet decreased considerably to $182. The price for the following two months in (January, February) had a considerable increment of 466 %. The price per sq.feet has had a considerable deflation of 53 % 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 $182,300.25 to $97,117 during March, and April.
Based upon to the price in Mongaup Valley (cities), this has gone up in the last 6 months. The average price for November is $370,243. During December the price had a considerable reduction till $238,360. During the following two months (January, February) the average price had a considerable increase of 179 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $424,475.75 to $334,730, which means a 79 % fall.