The prices in real estate in Russell, in the Massachusetts 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 Russell has increased strongly during the last 6 months. In November, the average price per sq.feet was $198. In December this price pretty much remained the same at a value of $190 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 635 %. The price per sq.feet has had a considerable increase of 766 % 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 $712.75 to $5,457.5 during March, and April.
Based upon to the price in Russell (cities), this has gone up in the last 6 months. The price in November is $321,700, rising in December till $353,883. During the following two months (January, February) the average price fell 89 % 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 115 % during the last two months.