The prices in real estate in Renton, in the Washington 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 Renton has increased strongly during the last 6 months. In April, the average price per sq.feet was $327. In May this price pretty much remained the same at a value of $322 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 1750 %. The price per sq.feet has had a considerable deflation of 33 % 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 $3,001.25 to $1,000 during August, and September.
Based upon to the price in Renton (cities), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is $629,594. In May This price remains at $624,631. During the following two months (June, July) the average price had a considerable increase of 1612 % 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 $5,368,439 to $1,286,888.5, which means a 24 % fall.