The prices in real estate in North Tonawanda, 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 North Tonawanda has fallen in the last 6 months. In October, the average price per sq.feet was $168. In the following month the price per sq.feet decreased to $155. In the following two months the price per sq.feet has barely changed, going from $161.5 to $156.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $159 to $150 during February, and March.
Based upon to the price in North Tonawanda (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $263,484. In November This price remains at $261,201. In the following two months the average price has remained the same with regard to the previous two months from $262,342.5 to $255,002.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $258,672.5 to $235,279.5 in 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 $234,452 they are 59 % more affordable than the average price for North Tonawanda. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $232,116.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $70 / sq.feet, with an average $162 / sq.feet price in North Tonawanda. The properties with the highest average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $169 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $234,452 it is 48 % cheaper than the average price in North Tonawanda. "Duplex" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $254,319 it is 25 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $12 / sq.feet followed by "Duplex" priced at $17 / sq.feet. "Detached House" is the most costly type of property with a $169 / sq.feet cost followed by "House" with an average price of $163 / sq.feet.