Property prices for sale in Hermon (New York)
The prices in real estate in Hermon, 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 Hermon has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $810. In the following month the price per sq.feet decreased considerably to $579. The price for the following two months in (December, January) had a considerable decrease of 55 with regard to the prior two months. The price per sq.feet has had a considerable increase of 173 % 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 $539.25 to $931.5 during February, and March.
Based upon to the price in Hermon (cities), this has gone up in the last 6 months. The average price for October is $311,069. During November the price had a slight fall till $286,751. During the following two months (December, January) the price has had an average incrementation from $298,910 to $328,752.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % 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 $401,387 they are 63 % more affordable than the average price for Hermon. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 3 bedrooms priced at $308,256.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $143 / sq.feet, with an average $1,049 / sq.feet price in Hermon. The properties with the highest average prices have 4 bedrooms. They are 37 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,044 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $401,387 it is 90 % cheaper than the average price in Hermon. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $38,401 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $211 / sq.feet followed by "House" priced at $1,622 / sq.feet. "House" is the most costly type of property with a $1,622 / sq.feet cost followed by "Land" with an average price of $211 / sq.feet.
