The prices in real estate in Buffalo, in the Wyoming 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 Buffalo has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,513. In the following month the price per sq.feet decreased considerably to $1,187. In the following two months the price per sq.feet has barely changed, going from $1,350 to $1,395 per sq.feet. The price per sq.feet has had a considerable increase of 192 % 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 $1,372.5 to $2,633.5 during February, and March.
Based upon to the price in Buffalo (cities), this has fallen considerably in the last 6 months. The average price for October is $708,740. During November the price had a considerable reduction till $591,376. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $621,991.75 to $558,459.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $536,293 they are 7 % more affordable than the average price for Buffalo. The properties with the highest average price have 2 bedrooms, Their price is 92 % more costly than the average. After that we have properties with 4 bedrooms priced at $628,616.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $394 / sq.feet, with an average $3,043 / sq.feet price in Buffalo. The properties with the highest average prices have 2 bedrooms. They are 3432 % more expensive than the average followed by properties with 1 bedroom with a price at $11,086 / sq.feet.
With regard to the average price based upon the property in Buffalo we can see that most expensive property type is "House" at a price of $625,021, they are 17 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 17 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $1,734 / sq.feet. "House" with an average cost of $1,734 / sq.feet has the lowest price and would be directed at less affluent cities.