The prices in real estate in Raquette Lake, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Raquette Lake has fallen in the last 6 months. In November, the average price per sq.feet was $18,419. In the following month the price per sq.feet decreased considerably to $2,564. The price for the following two months in (January, February) had a considerable increment of 297 %. The price per sq.feet has had a considerable deflation of 47 % 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 $20,814.75 to $9,764 during March, and April.
Based upon to the price in Raquette Lake (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $370,389. In December This price remains at $362,333. During the following two months (January, February) the average price had a considerable increase of 118 % 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 123 % during the last two months.