The prices in real estate in Philmont, in the New York 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 Philmont has increased strongly during the last 6 months. In November, the average price per sq.feet was $180. In the following month the price per sq.feet decreased to $168. The price for the following two months in (January, February) had a considerable increment of 121 %. The price per sq.feet has had a considerable increase of 817 % 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 $192.25 to $1,570 during March, and April.
Based upon to the price in Philmont (cities), this has gone up considerably in the last 6 months. The price in November is $313,850, rising in December till $333,950. During the following two months (January, February) the average price had a considerable increase of 126 % 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 162 % during the last two months.