The prices in real estate in Olcott, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Olcott has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $168. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (January, February) had a considerable increment of 171 %. The price per sq.feet has had a considerable increase of 126 % 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 $114 to $144 during March, and April.
Based upon to the price in Olcott (cities), these have remained the same in the last 6 months. The average price for November is $231,466. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable increase of 239 % 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 141 % during the last two months.