The prices in real estate in Ilion, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Ilion has fallen in the last 6 months. In August, the average price per sq.feet was $93. In September this price pretty much remained the same at a value of $93 per sq.feet. The price for the following two months in (October, November) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $88.75 to $79.5 during December, and January.
Based upon to the price in Ilion (cities), these have remained the same in the last 6 months. The price in August is $145,292, rising in September till $159,339. In the following two months the average price has remained the same with regard to the previous two months from $152,315.5 to $151,443.5. 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 $151,879.5 and $146,071.5 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $152,439 they are 57 % more affordable than the average price for Ilion. The properties with the lowest average price have 1 bedroom, Their price is 57 % cheaper than the average. After that we have properties with 2 bedrooms priced at $65,667.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $4 / sq.feet, with an average $82 / sq.feet price in Ilion. The properties with the lowest average prices have 1 bedroom. They are 89 % cheaper than the average followed by properties with 2 bedrooms with a price at $4 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $152,439 it is 57 % cheaper than the average price in Ilion. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $65,553 it is 57 % 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 $4 / sq.feet followed by "Commercial" priced at $47 / sq.feet. "Commercial" is the cheapest type of property with a $47 / sq.feet value followed by "House" with an average price of $4 / sq.feet.