The prices in real estate in Wellfleet, in the Massachusetts region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Wellfleet has remained the same in the last 6 months. In September, the average price per sq.feet was $3,069. In the following month the price per sq.feet increased considerably to $4,515. The price for the following two months in (November, December) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 62 % 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 $3,378 to $2,084.5 during January, and February.
Based upon to the price in Wellfleet (cities), this has gone up considerably in the last 6 months. The price in September is $1,185,709, rising in October till $1,252,744. During the following two months (November, December) the price has had an average incrementation from $1,219,226.5 to $1,328,842.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.