The prices in real estate in Moriah, 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 Moriah has increased strongly during the last 6 months. In November, the average price per sq.feet was $171. In the following month the price per sq.feet increased to $183. The price for the following two months in (January, February) had a considerable increment of 162 %. The price per sq.feet has had a considerable increase of 3314 % 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 $231.5 to $7,671 during March, and April.
Based upon to the price in Moriah (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $180,710. During December the price went through a considerable rise reaching $520,580. During the following two months (January, February) the average price had a considerable reduction of 54 % 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 134 % during the last two months.