The prices in real estate in Potsdam, 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 Potsdam has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $145. In the following month the price per sq.feet decreased considerably to $108. In the following two months the price per sq.feet has barely changed, going from $126.5 to $131.5 per sq.feet. The price per sq.feet has decreased 90 % 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 $129 to $116 during March, and April.
Based upon to the price in Potsdam (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $212,425. In December This price remains at $208,602. During the following two months (January, February) the price has had an average incrementation from $210,513.5 to $223,876.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $217,195 and $223,354.5 between March and April.