The prices in real estate in Saranac Lake, 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 Saranac Lake has increased strongly during the last 6 months. In October, the average price per sq.feet was $517. In the following month the price per sq.feet decreased considerably to $299. The price for the following two months in (December, January) had a considerable increment of 159 %. The price per sq.feet has had a considerable increase of 325 % 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 $527.5 to $1,714 during February, and March.
Based upon to the price in Saranac Lake (cities), these have remained the same in the last 6 months. The price in October is $526,327, rising in November till $570,173. In the following two months the average price has remained the same with regard to the previous two months from $548,250 to $524,408.5. 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 $536,329.25 and $517,526 between February and March.