The prices in real estate in Coram, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Coram has fallen in the last 6 months. In April, the average price per sq.feet was $195. In the following month the price per sq.feet decreased to $166. In the following two months the price per sq.feet has barely changed, going from $180.5 to $182 per sq.feet. The price per sq.feet has increased 105 % 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 $181.25 to $191 during August, and September.
Based upon to the price in Coram (cities), this has gone up in the last 6 months. The price in April is $316,727, rising in May till $338,938. In the following two months the average price has remained the same with regard to the previous two months from $327,832.5 to $331,354. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $371,446 they are 52 % more affordable than the average price for Coram. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $420,765.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $150 / sq.feet, with an average $191 / sq.feet price in Coram. The properties with the highest average prices have 2 bedrooms. They are 13 % more expensive than the average followed by properties with 1 bedroom with a price at $202 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $371,446 it is 41 % cheaper than the average price in Coram. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $323,947 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $173 / sq.feet followed by "House" priced at $192 / sq.feet. "Condo" is the most costly type of property with a $198 / sq.feet cost followed by "House" with an average price of $192 / sq.feet.