The prices in real estate in Montvale, 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 Montvale has increased strongly during the last 6 months. In February, the average price per sq.feet was $343. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (April, May) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 383720 % 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 $85.75 to $329,039.5 during June, and July.
Based upon to the price in Montvale (cities), this has fallen considerably in the last 6 months. The average price for February is $1,200,000. During March the price had a considerable reduction till . During the following two months (April, May) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 158 % during the last two months.