The prices in real estate in Wellesley Hills, 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 Wellesley Hills has increased strongly during the last 6 months. In November, the average price per sq.feet was $574. In the following month the price per sq.feet increased considerably to $791. The price for the following two months in (January, February) had a considerable increment of 117 %. The price per sq.feet has decreased 93 % 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 $739 to $690.5 during March, and April.
Based upon to the price in Wellesley Hills (cities), this has gone up considerably in the last 6 months. The average price for November is $3,314,682. During December the price had a considerable reduction till $2,477,187. During the following two months (January, February) the average price had a considerable increase of 210 % 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 $4,491,805.5 to $3,610,691, which means a 80 % fall.