Property prices for sale in Cato (New York)
The prices in real estate in Cato, 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 Cato has increased strongly during the last 6 months. In November, the average price per sq.feet was $165. In December this price pretty much remained the same at a value of $159 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 655 %. 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 $611.75 to $950.5 during March, and April.
Based upon to the price in Cato (cities), this has fallen considerably in the last 6 months. The average price for November is $295,169. During December the price had a slight fall till $271,022. During the following two months (January, February) the average price fell 85 % 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 94 %, going from $262,280 to $246,130 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $266,178 they are 36 % more affordable than the average price for Cato. The properties with the lowest average price have 3 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 1 bedroom priced at $234,256.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $82 / sq.feet, with an average $1,092 / sq.feet price in Cato. The properties with the lowest average prices have 1 bedroom. They are 80 % cheaper than the average followed by properties with 2 bedrooms with a price at $202 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $266,178 it is 59 % cheaper than the average price in Cato. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $110,393 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $43 / sq.feet followed by "House" priced at $157 / sq.feet. "House" is the cheapest type of property with a $157 / sq.feet value followed by "Apartment" with an average price of $43 / sq.feet.
