The prices in real estate in Port Leyden, 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 Port Leyden has increased strongly during the last 6 months. In November, the average price per sq.feet was $110. In the following month the price per sq.feet increased considerably to $133. The price for the following two months in (January, February) had a considerable increment of 709 %. The price per sq.feet has had a considerable increase of 196 % 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 $491.5 to $963.5 during March, and April.
Based upon to the price in Port Leyden (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $158,367. In December This price remains at $163,760. During the following two months (January, February) the average price had a considerable reduction of 57 % 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 $126,573 to $91,355, which means a 72 % fall.