The prices in real estate in Allegany, 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 Allegany has increased strongly during the last 6 months. In October, the average price per sq.feet was $126. In November this price pretty much remained the same at a value of $125 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 148 %. The price per sq.feet has had a considerable increase of 155 % 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 $155.75 to $241.5 during February, and March.
Based upon to the price in Allegany (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $231,627. In November This price remains at $235,162. During the following two months (December, January) the average price fell 87 % 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 $218,675.5 and $228,494.5 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 50 % cheaper than the average price of $121,857 in Allegany. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 50 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 97 % cheaper than the average price of ($9 / sq.feet) in Allegany. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 97 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $245,575 it is 57 % cheaper than the average price in Allegany. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $106,020 it is 50 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $9 / sq.feet. "House" with an average cost of $9 / sq.feet has the lowest price and would be directed at less affluent cities.