The prices in real estate in Phoenicia, 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 Phoenicia has increased strongly during the last 6 months. In November, the average price per sq.feet was $378. In December this price pretty much remained the same at a value of $367 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable increase of 838 % 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 $320 to $2,683 during March, and April.
Based upon to the price in Phoenicia (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $441,556. During December the price went through a considerable rise reaching $536,938. During the following two months (January, February) the average price had a considerable increase of 150 % 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 145 % during the last two months.