The prices in real estate in Cohoes, 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 Cohoes has increased during the last 6 months. In January, the average price per sq.feet was $1,373. In the following month the price per sq.feet decreased to $1,303. The price for the following two months in (March, April) had a considerable increment of 216 %. The price per sq.feet has had a considerable deflation of 8 % 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 $2,113.25 to $173 during May, and June.
Based upon to the price in Cohoes (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $216,079. In February This price remains at $219,575. During the following two months (March, April) the average price had a considerable increase of 125 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $305,514 they are 39 % more affordable than the average price for Cohoes. The properties with the lowest average price have 3 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 4 bedrooms priced at $214,998.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $86 / sq.feet, with an average $176 / sq.feet price in Cohoes. The properties with the highest average prices have 4 bedrooms. They are 674 % more expensive than the average followed by properties with 3 bedrooms with a price at $103 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $305,514 it is 39 % cheaper than the average price in Cohoes. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $197,035 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $74 / sq.feet followed by "Duplex" priced at $87 / sq.feet. "House" is the most costly type of property with a $1,363 / sq.feet cost followed by "Duplex" with an average price of $87 / sq.feet.