The prices in real estate in Garnerville, 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 Garnerville has increased strongly during the last 6 months. In September, the average price per sq.feet was $194. In October this price pretty much remained the same at a value of $195 per sq.feet. The price for the following two months in (November, December) had a considerable increment of 124 %. The price per sq.feet has increased 108 % 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 $218 to $236.5 during January, and February.
Based upon to the price in Garnerville (cities), this has gone up considerably in the last 6 months. The price in September is $312,959, rising in October till $339,217. During the following two months (November, December) the average price had a considerable increase of 116 % 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 gone up 105 % 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 $373,409 they are 71 % more affordable than the average price for Garnerville. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $310,050.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $123 / sq.feet, with an average $230 / sq.feet price in Garnerville. The properties with the highest average prices have 3 bedrooms. They are 26 % more expensive than the average followed by properties with 4 bedrooms with a price at $202 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $373,409 it is 30 % cheaper than the average price in Garnerville. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $261,986 it is 12 % 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 $141 / sq.feet followed by "House" priced at $237 / sq.feet. "House" is the most costly type of property with a $237 / sq.feet cost followed by "Townhouse" with an average price of $141 / sq.feet.