The prices in real estate in Beacon, 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 Beacon has fallen in the last 6 months. In July, the average price per sq.feet was $329. In the following month the price per sq.feet decreased to $311. The price for the following two months in (September, October) decreased 90 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $303.5 to $278.5 during November, and December.
Based upon to the price in Beacon (cities), this has gone downing the last 6 months. In our first sample month during July, the average price is $554,837. In August This price remains at $540,520. In the following two months the average price has remained the same with regard to the previous two months from $547,678.5 to $524,844.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $536,261.5 to $501,830.5 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $487,814 they are 15 % more affordable than the average price for Beacon. The properties with the lowest average price have 2 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $455,987.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $173 / sq.feet, with an average $266 / sq.feet price in Beacon. The properties with the highest average prices have 1 bedroom. They are 49 % more expensive than the average followed by properties with 2 bedrooms with a price at $333 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $487,814 it is 24 % cheaper than the average price in Beacon. "Commercial" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Townhouse". At a price of $553,446 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $183 / sq.feet followed by "Townhouse" priced at $312 / sq.feet. "Commercial" is the most costly type of property with a $6,732 / sq.feet cost followed by "Condo" with an average price of $385 / sq.feet.