The prices in real estate in Mechanicville, 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 Mechanicville has increased during the last 6 months. In October, the average price per sq.feet was $216. In the following month the price per sq.feet increased to $239. In the following two months the price per sq.feet has barely changed, going from $227.5 to $226.5 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 $227 to $250 during February, and March.
Based upon to the price in Mechanicville (cities), this has gone up in the last 6 months. The price in October is $433,420, rising in November till $462,325. In the following two months the average price has remained the same with regard to the previous two months from $447,872.5 to $440,791. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $463,945 they are 28 % more affordable than the average price for Mechanicville. The properties with the lowest average price have 1 bedroom, Their price is 21 % cheaper than the average. After that we have properties with 2 bedrooms priced at $337,450.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $102 / sq.feet, with an average $247 / sq.feet price in Mechanicville. The properties with the lowest average prices have 1 bedroom. They are 47 % cheaper than the average followed by properties with 2 bedrooms with a price at $112 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $463,945 it is 28 % cheaper than the average price in Mechanicville. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Apartment". At a price of $334,085 it is 25 % 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 $97 / sq.feet followed by "Apartment" priced at $102 / sq.feet. "Commercial" is the cheapest type of property with a $110 / sq.feet value followed by "Apartment" with an average price of $102 / sq.feet.