The prices in real estate in West Newton, 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 West Newton has increased strongly during the last 6 months. In March, the average price per sq.feet was $1,586. In the following month the price per sq.feet decreased considerably to $166. The price for the following two months in (May, June) had a considerable increment of 459 %. The price per sq.feet has decreased 89 % 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 $2,446.25 to $2,184 during July, and August.
Based upon to the price in West Newton (cities), this has fallen considerably in the last 6 months. The price in March is $245,900, rising in April till $262,029. During the following two months (May, June) the average price had a considerable reduction of 71 % 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 $216,759 to $175,683.5, which means a 81 % fall.