The prices in real estate in North Hero, in the Vermont 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 North Hero has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,828. In the following month the price per sq.feet decreased considerably to $340. The price for the following two months in (January, February) had a considerable increment of 380 %. The price per sq.feet has had a considerable increase of 397 % 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 $2,603.25 to $10,340 during March, and April.
Based upon to the price in North Hero (cities), this has fallen considerably in the last 6 months. The average price for November is $713,355. During December the price had a slight fall till $643,625. During the following two months (January, February) the average price fell 95 % 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 $660,949 to $376,880, which means a 57 % fall.