The prices in real estate in Williamstown, in the New Jersey 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 Williamstown has increased strongly during the last 6 months. In April, the average price per sq.feet was $244. In the following month the price per sq.feet decreased considerably to $164. The price for the following two months in (June, July) had a considerable increment of 1754 %. The price per sq.feet has had a considerable increase of 126 % 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 $1,890.75 to $2,379 during August, and September.
Based upon to the price in Williamstown (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $252,573. In May This price remains at $251,053. In the following two months the average price has remained the same with regard to the previous two months from $251,813 to $261,150. During the last two months the average price has had a strong fall compared to the previous four going from $256,481.5 to $117,589, which means a 46 % fall.