The prices in real estate in Lockport, 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 Lockport has fallen in the last 6 months. In October, the average price per sq.feet was $151. In the following month the price per sq.feet decreased to $133. The price for the following two months in (December, January) had a considerable decrease of 85 with regard to the prior two months. The price per sq.feet has increased 108 % 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 $131 to $142 during February, and March.
Based upon to the price in Lockport (cities), this has gone downing the last 6 months. The average price for October is $272,056. During November the price had a slight fall till $236,599. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. 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 $241,402.75 and $239,947.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $236,888 they are 60 % more affordable than the average price for Lockport. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $214,241.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $100 / sq.feet, with an average $144 / sq.feet price in Lockport. The properties with the highest average prices have 4 bedrooms. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $152 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $236,888 it is 51 % cheaper than the average price in Lockport. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Land". At a price of $282,457 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $62 / sq.feet followed by "Condo" priced at $105 / sq.feet. "Land" is the most costly type of property with a $36,928 / sq.feet cost followed by "House" with an average price of $146 / sq.feet.