The prices in real estate in Cobleskill, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Cobleskill has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $110. In the following month the price per sq.feet decreased to $100. The price for the following two months in (January, February) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $100.75 to $80.5 during March, and April.
Based upon to the price in Cobleskill (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $202,557. In December This price remains at $203,258. In the following two months the average price has remained the same with regard to the previous two months from $202,907.5 to $199,262.5. During the last two months the average price has had a strong fall compared to the previous four going from $201,085 to $154,520, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $154,700 they are 30 % more affordable than the average price for Cobleskill. The properties with the highest average price have 4 bedrooms, Their price is 183 % more costly than the average. After that we have properties with 3 bedrooms priced at $169,352.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $82 / sq.feet, with an average $82 / sq.feet price in Cobleskill. The properties with the highest average prices have 4 bedrooms. They are 168 % more expensive than the average followed by properties with 2 bedrooms with a price at $86 / sq.feet.
With regard to the average price based upon the property in Cobleskill we can see that most expensive property type is "House" at a price of $165,470, they are 7 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 7 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $87 / sq.feet. "House" at an average price of $87 / sq.feet has the most expensive price and would be directed at more affluent cities.