The prices in real estate in Ballston Spa, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Ballston Spa has fallen in the last 6 months. In March, the average price per sq.feet was $277. In the following month the price per sq.feet decreased to $251. In the following two months the price per sq.feet has barely changed, going from $264 to $268 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $266 to $259.5 during July y August
Based upon to the price in Ballston Spa (cities), this has gone up in the last 6 months. The price in March is $441,249, rising in April till $476,039. During the following two months (May, June) the price has had an average incrementation from $458,644 to $489,519.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $474,081.75 to $450,092.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $433,659 they are 55 % more affordable than the average price for Ballston Spa. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 1 bedroom priced at $373,763.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $133 / sq.feet, with an average $256 / sq.feet price in Ballston Spa. The properties with the lowest average prices have 2 bedrooms. They are 41 % cheaper than the average followed by properties with 4 bedrooms with a price at $149 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $433,659 it is 66 % cheaper than the average price in Ballston Spa. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $319,002 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $81 / sq.feet followed by "Apartment" priced at $133 / sq.feet. "Townhouse" is the cheapest type of property with a $226 / sq.feet value followed by "Detached House" with an average price of $208 / sq.feet.