The prices in real estate in Coram, 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 Coram has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $209. In the following month the price per sq.feet decreased considerably to $160. The price for the following two months in (September, October) decreased 85 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $171 to $179 during November y December
Based upon to the price in Coram (cities), this has fallen considerably in the last 6 months. The average price for July is $369,333. During August the price had a considerable reduction till $234,971. In the following two months the average price has remained the same with regard to the previous two months from $302,152 to $291,005. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $339,132 they are 1 % more affordable than the average price for Coram. The properties with the lowest average price have 1 bedroom, Their price is 0 % cheaper than the average. After that we have properties with 3 bedrooms priced at $335,938.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $177 / sq.feet, with an average $176 / sq.feet price in Coram. The properties with the highest average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 3 bedrooms with a price at $177 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $339,132 it is 4 % cheaper than the average price in Coram. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $326,881 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $177 / sq.feet followed by "Townhouse" priced at $182 / sq.feet. "Townhouse" is the most costly type of property with a $182 / sq.feet cost followed by "Apartment" with an average price of $177 / sq.feet.