The prices in real estate in Putnam Station, 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 Putnam Station has increased strongly during the last 6 months. In November, the average price per sq.feet was $6,704. In the following month the price per sq.feet decreased considerably to $1,376. The price for the following two months in (January, February) decreased 85 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 431 % 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 $3,740.75 to $16,116 during March, and April.
Based upon to the price in Putnam Station (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $889,680. During December the price went through a considerable rise reaching $2,598,000. In the following two months the average price has remained the same with regard to the previous two months from $1,743,840 to $1,784,051.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,763,945.75 to $1,221,737.5, which means a 69 % fall.