Property prices for sale in Olean (New York)

The prices in real estate in Olean, in the New York region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$140,185
Average price last 6 months
$84
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Olean has remained the same in the last 6 months. In October, the average price per sq.feet was $87. In the following month the price per sq.feet decreased to $79. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per sq.feet has increased 114 % 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 $80.25 to $91.5 during February, and March.

Average price

Based upon to the price in Olean (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $146,858. In November This price remains at $148,235. 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 gone up 105 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $166,148 they are 42 % more affordable than the average price for Olean. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 2 bedrooms priced at $117,493.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $72 / sq.feet, with an average $105 / sq.feet price in Olean. The properties with the highest average prices have 1 bedroom. They are 70 % more expensive than the average followed by properties with 2 bedrooms with a price at $94 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $166,148 it is 29 % cheaper than the average price in Olean. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $117,817 it is 20 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $71 / sq.feet followed by "House" priced at $82 / sq.feet. "House" is the cheapest type of property with a $82 / sq.feet value followed by "Detached House" with an average price of $71 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Olean
Number of properties used in region New York
$166,148
$105
1,400
910,874
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value