The prices in real estate in Tremont, in the Pennsylvania 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 Tremont has increased strongly during the last 6 months. In October, the average price per sq.feet was $78. In the following month the price per sq.feet increased considerably to $109. In the following two months the price per sq.feet has barely changed, going from $93.5 to $91 per sq.feet. The price per sq.feet has decreased 94 % 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 $92.25 to $87 during February, and March.
Based upon to the price in Tremont (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $129,268. During November the price went through a considerable rise reaching $152,936. In the following two months the average price has remained the same with regard to the previous two months from $141,102 to $147,587.5. During the last two months the average price has had a strong fall compared to the previous four going from $144,344.75 to $113,172.5, which means a 78 % fall.