The prices in real estate in Woods Hole, in the Massachusetts region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Woods Hole has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $3,171. In the following month the price per sq.feet increased considerably to $7,970. The price for the following two months in (December, January) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 30 % 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 $3,201.25 to $955.5 during February, and March.
Based upon to the price in Woods Hole (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $3,567,222. During November the price went through a considerable rise reaching $6,171,667. During the following two months (December, January) the average price had a considerable increase of 135 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $5,710,214 and $5,831,737 between February and March.