The prices in real estate in Mooers Forks, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Mooers Forks has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,441. In the following month the price per sq.feet increased to $1,520. The price for the following two months in (January, February) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 42 % 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 $1,376.25 to $580 during March, and April.
Based upon to the price in Mooers Forks (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $223,180. In December This price remains at $214,180. During the following two months (January, February) the average price fell 92 % 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 gone up 107 % during the last two months.