The prices in real estate in Polk, in the Pennsylvania 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 Polk has increased strongly during the last 6 months. In November, the average price per sq.feet was $159. In the following month the price per sq.feet increased to $171. The price for the following two months in (January, February) had a considerable increment of 5814 %. The price per sq.feet has had a considerable increase of 221 % 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 $4,879.25 to $10,807.5 during March, and April.
Based upon to the price in Polk (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $301,163. In December This price remains at $305,013. During the following two months (January, February) the average price had a considerable reduction of 71 % 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 $259,702.75 to $211,587.5, which means a 81 % fall.