Property prices for sale in Buffalo (New York)
The prices in real estate in Buffalo, in the New York region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Buffalo has increased during the last 6 months. In November, the average price per sq.feet was $127. In the following month the price per sq.feet increased to $146. In the following two months the price per sq.feet has barely changed, going from $136.5 to $138.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $137.5 to $129.5 during March, and April.
Based upon to the price in Buffalo (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $222,706. During December the price went through a considerable rise reaching $284,890. In the following two months the average price has remained the same with regard to the previous two months from $253,798 to $248,817. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $251,307.5 to $233,023.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $234,989 they are 20 % more affordable than the average price for Buffalo. The properties with the highest average price have 3 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 2 bedrooms priced at $249,717.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $132 / sq.feet price in Buffalo. The properties with the highest average prices have 2 bedrooms. They are 39 % more expensive than the average followed by properties with 1 bedroom with a price at $171 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $234,989 it is 18 % cheaper than the average price in Buffalo. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $212,645 it is 61 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $78 / sq.feet followed by "House" priced at $110 / sq.feet. "Condo" is the most costly type of property with a $211 / sq.feet cost followed by "Land" with an average price of $117 / sq.feet.
