The prices in real estate in New Wilmington, in the Pennsylvania 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 Wilmington has increased strongly during the last 6 months. In November, the average price per sq.feet was $3,465. In the following month the price per sq.feet decreased considerably to $124. The price for the following two months in (January, February) had a considerable increment of 435 %. The price per sq.feet has had a considerable deflation of 51 % 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 $4,797.75 to $2,446 during March, and April.
Based upon to the price in New Wilmington (cities), this has gone downing the last 6 months. The average price for November is $261,174. During December the price had a slight fall till $241,489. During the following two months (January, February) the average price had a considerable reduction of 81 % 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 119 % during the last two months.