The prices in real estate in Larchmont, in the New York region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Larchmont has increased during the last 6 months. In October, the average price per sq.feet was $540. In the following month the price per sq.feet increased to $573. In the following two months the price per sq.feet has barely changed, going from $556.5 to $542.5 per sq.feet. The price per sq.feet has increased 110 % 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 $549.5 to $605.5 during February, and March.
Based upon to the price in Larchmont (cities), this has gone up in the last 6 months. The price in October is $1,253,872, rising in November till $1,332,385. During the following two months (December, January) the average price fell 87 % 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 125 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,867,162 they are 78 % more affordable than the average price for Larchmont. The properties with the lowest average price have 4 bedrooms, Their price is 0 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,315,364.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $439 / sq.feet, with an average $666 / sq.feet price in Larchmont. The properties with the highest average prices have 4 bedrooms. They are 4 % more expensive than the average followed by properties with 3 bedrooms with a price at $674 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,867,162 it is 76 % cheaper than the average price in Larchmont. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $908,728 it is 35 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $293 / sq.feet followed by "Detached House" priced at $516 / sq.feet. "House" is the most costly type of property with a $714 / sq.feet cost followed by "Condo" with an average price of $563 / sq.feet.