The prices in real estate in Malone, 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 Malone has increased during the last 6 months. In October, the average price per sq.feet was $169. In the following month the price per sq.feet decreased considerably to $115. The price for the following two months in (December, January) had a considerable increment of 115 %. The price per sq.feet has had a considerable increase of 148 % 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 $153 to $226.5 during February, and March.
Based upon to the price in Malone (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $178,001. During November the price went through a considerable rise reaching $209,765. During the following two months (December, January) the price has had an average incrementation from $193,883 to $208,097.5. 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 $200,990.25 and $208,400.5 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 $186,931 they are 51 % more affordable than the average price for Malone. The properties with the highest average price have 4 bedrooms, Their price is 81 % more costly than the average. After that we have properties with 3 bedrooms priced at $176,406.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $88 / sq.feet, with an average $190 / sq.feet price in Malone. The properties with the lowest average prices have 1 bedroom. They are 27 % cheaper than the average followed by properties with 4 bedrooms with a price at $117 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $186,931 it is 5 % more expensive than the average price in Malone. "Land" is seen as the second dearest property type. The dearest property type is "Detached House" followed by "Land". At a price of $206,304 it is 106 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $104 / sq.feet followed by "Detached House" priced at $115 / sq.feet. "Land" is the most costly type of property with a $17,625 / sq.feet cost followed by "Detached House" with an average price of $115 / sq.feet.