Property prices for sale in New Site (Mississippi)
The prices in real estate in New Site, in the Mississippi 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 New Site has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,089. In the following month the price per sq.feet increased considerably to $1,510. The price for the following two months in (January, February) had a considerable increment of 163 %. The price per sq.feet has had a considerable increase of 129 % 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 $1,710.25 to $2,202.5 during March, and April.
Based upon to the price in New Site (cities), this has fallen considerably in the last 6 months. The average price for November is $382,617. During December the price had a slight fall till $357,724. During the following two months (January, February) the average price had a considerable reduction of 36 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $251,476.75 to $156,939.5, which means a 62 % fall.
