Property prices for sale in Geneseo (New York)
The prices in real estate in Geneseo, 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 Geneseo has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $190. In the following month the price per sq.feet decreased to $166. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $168.5 to $155 during February, and March.
Based upon to the price in Geneseo (cities), this has gone up considerably in the last 6 months. The price in October is $315,936, rising in November till $341,324. During the following two months (December, January) the average price had a considerable increase of 121 % 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 107 % 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 $415,923 they are 72 % more affordable than the average price for Geneseo. The properties with the lowest average price have 2 bedrooms, Their price is 68 % cheaper than the average. After that we have properties with 3 bedrooms priced at $132,783.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $30 / sq.feet, with an average $139 / sq.feet price in Geneseo. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 2 bedrooms with a price at $45 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $415,923 it is 68 % cheaper than the average price in Geneseo. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $132,118 it is 64 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $20 / sq.feet followed by "Apartment" priced at $30 / sq.feet. "Apartment" is the cheapest type of property with a $30 / sq.feet value followed by "House" with an average price of $20 / sq.feet.
