The prices in real estate in Newborn, in the Georgia 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 Newborn has increased strongly during the last 6 months. In November, the average price per sq.feet was $4,667. In the following month the price per sq.feet decreased considerably to $2,301. The price for the following two months in (January, February) had a considerable increment of 300 %. The price per sq.feet has had a considerable deflation of 36 % 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 $6,963.75 to $2,539.5 during March, and April.
Based upon to the price in Newborn (cities), this has gone up in the last 6 months. The price in November is $542,905, rising in December till $613,014. In the following two months the average price has remained the same with regard to the previous two months from $577,959.5 to $585,276. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.