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 October, the average price per sq.feet was $2,369. In November this price pretty much remained the same at a value of $2,335 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 13 with regard to the prior two months. The price per sq.feet has had a considerable increase of 772 % 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 $1,334.25 to $10,299 during February, and March.
Based upon to the price in New York Mills (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $327,310. In November This price remains at $334,404. During the following two months (December, January) the average price had a considerable reduction of 79 % 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 $296,026 to $127,448, which means a 43 % fall.