The prices in real estate in Highland Mills, 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 Highland Mills has increased strongly during the last 6 months. In October, the average price per sq.feet was $273. In November this price pretty much remained the same at a value of $276 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $274.5 to $302 per sq.feet. The price per sq.feet has had a considerable increase of 275 % 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 $288.25 to $793 during February, and March.
Based upon to the price in Highland Mills (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $568,298. In November This price remains at $578,512. In the following two months the average price has remained the same with regard to the previous two months from $573,405 to $553,158.5. 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 showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 63 % cheaper than the average price of $233,921 in Highland Mills. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 63 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 97 % cheaper than the average price of ($38 / 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 97 % 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 $625,650 it is 63 % 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 $267,379 it is 49 % 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 $38 / sq.feet followed by "Commercial Property" priced at $90 / sq.feet. "Condo" is the most costly type of property with a $1,356 / sq.feet cost followed by "Commercial Property" with an average price of $90 / sq.feet.