Property prices for sale in Ilion (New York)
The prices in real estate in Ilion, 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 Ilion has increased strongly during the last 6 months. In October, the average price per sq.feet was $85. In November this price pretty much remained the same at a value of $81 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $83 to $82 per sq.feet. The price per sq.feet has had a considerable increase of 318 % 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 $82.5 to $262 during February, and March.
Based upon to the price in Ilion (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $133,804. In November This price remains at $130,413. During the following two months (December, January) the average price had a considerable increase of 149 % 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 risen strongly 187 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $329,500 they are 80 % more affordable than the average price for Ilion. The properties with the lowest average price have 1 bedroom, Their price is 80 % cheaper than the average. After that we have properties with 2 bedrooms priced at $64,746.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $329,500 it is 80 % cheaper than the average price in Ilion. "" is seen as the second most affordable property type. The cheapest type property is "" followed by "Commercial". At a price of $64,634 it is 80 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Commercial with an average price of $33 / sq.feet. "Commercial" with an average cost of $33 / sq.feet has the lowest price and would be directed at less affluent cities.
