Property prices for sale in Ithaca (New York)

The prices in real estate in Ithaca, 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ithaca has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $533. In the following month the price per sq.feet increased considerably to $1,245. The price for the following two months in (August, September) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 31 % 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 $520.75 to $162.5 during October, and November.

Average price

Based upon to the price in Ithaca (cities), these have remained the same in the last 6 months. The average price for June is $341,568. During July the price had a slight fall till $304,965. During the following two months (August, September) the average price fell 95 % 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 124 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 36 % cheaper than the average price of $263,456 in Ithaca. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 36 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 280 % more costly than the average price of ($623 / sq.feet) in Ithaca. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 280 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $411,315 it is 36 % cheaper than the average price in Ithaca. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Duplex". At a price of $336,275 it is 18 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $153 / sq.feet followed by "Commercial" priced at $159 / sq.feet. "Land" is the most costly type of property with a $750 / sq.feet cost followed by "Apartment" with an average price of $623 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Ithaca
Number of properties used in region New York
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value