The prices in real estate in Tomkins Cove, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Tomkins Cove has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $285. In December this price pretty much remained the same at a value of $281 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has had a considerable increase of 149 % 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 $213.25 to $317.5 during March, and April.
Based upon to the price in Tomkins Cove (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $806,222. In December This price remains at $820,556. During the following two months (January, February) the average price had a considerable reduction of 58 % 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 gone up 110 % during the last two months.