The prices in real estate in Westerlo, in the New York 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 Westerlo has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,289. In the following month the price per sq.feet decreased considerably to $301. The price for the following two months in (December, January) had a considerable increment of 193 %. The price per sq.feet has had a considerable increase of 186 % 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 $1,165.5 to $2,164 during February, and March.
Based upon to the price in Westerlo (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $420,156. During November the price went through a considerable rise reaching $536,678. During the following two months (December, January) the price has had an average incrementation from $478,417 to $549,855. During the last two months the average price has had a strong fall compared to the previous four going from $514,136 to $374,303.5, which means a 73 % fall.