The prices in real estate in New York Mills, in the Minnesota 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 York Mills has increased strongly during the last 6 months. In November, the average price per sq.feet was $2,335. In the following month the price per sq.feet decreased considerably to $512. The price for the following two months in (January, February) had a considerable increment of 275 %. The price per sq.feet has had a considerable increase of 304 % 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 $2,666.75 to $8,109 during March, and April.
Based upon to the price in New York Mills (cities), this has fallen considerably in the last 6 months. The average price for November is $334,404. During December the price had a slight fall till $288,065. During the following two months (January, February) the average price had a considerable reduction of 59 % 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 $247,935 to $127,181.5, which means a 51 % fall.