The prices in real estate in New Richmond, in the Ohio region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in New Richmond has increased during the last 6 months. In October, the average price per sq.feet was $161. In the following month the price per sq.feet increased considerably to $186. In the following two months the price per sq.feet has barely changed, going from $173.5 to $171 per sq.feet. The price per sq.feet has increased 106 % 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 $172.25 to $182 during February, and March.
Based upon to the price in New Richmond (cities), this has fallen considerably in the last 6 months. The average price for October is $523,055. During November the price had a considerable reduction till $400,353. During the following two months (December, January) the average price had a considerable reduction of 80 % 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 106 % during the last two months.