The prices in real estate in Mountain Village, in the Alaska 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 Mountain Village has increased strongly during the last 6 months. In October, the average price per sq.feet was $622. In the following month the price per sq.feet increased to $678. In the following two months the price per sq.feet has barely changed, going from $650 to $637 per sq.feet. The price per sq.feet has had a considerable increase of 126 % 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 $643.5 to $814 during February, and March.
Based upon to the price in Mountain Village (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,902,188. During November the price went through a considerable rise reaching $2,234,377. During the following two months (December, January) the average price fell 91 % 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 172 % during the last two months.