The prices in real estate in Highland Mills, 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 Highland Mills has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $203. In July this price pretty much remained the same at a value of $196 per sq.feet. The price for the following two months in (August, September) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 82 % 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 $188.25 to $153.5 during October, and November.
Based upon to the price in Highland Mills (cities), this has gone up in the last 6 months. The price in June is $300,975, rising in July till $333,475. In the following two months the average price has remained the same with regard to the previous two months from $317,225 to $305,750.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $311,487.75 and $324,813 between October and November.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 28 % cheaper than the average price of $245,700 in Highland Mills. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 28 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 51 % cheaper than the average price of ($87 / sq.feet) in Highland Mills. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 51 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $341,589 it is 28 % cheaper than the average price in Highland Mills. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Commercial Property". At a price of $280,837 it is 2 % 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 $87 / sq.feet followed by "Commercial Property" priced at $139 / sq.feet. "Condo" is the most costly type of property with a $1,454 / sq.feet cost followed by "Commercial Property" with an average price of $139 / sq.feet.