Property prices for sale in Olean (New York)

The prices in real estate in Olean, 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.

$135,542
Average price last 6 months
$87.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Olean has increased during the last 6 months. In December, the average price per sq.feet was $81. In the following month the price per sq.feet decreased to $74. The price for the following two months in (February, March) had a considerable increment of 118 %. The price per sq.feet has increased 111 % 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 $84.5 to $94 during April, and May.

Average price

Based upon to the price in Olean (cities), this has gone downing the last 6 months. The average price for December is $147,746. During January the price had a considerable reduction till $108,482. During the following two months (February, March) the price has had an average incrementation from $128,114 to $144,894.5. 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 $136,504.25 and $133,617.5 between April and May.

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 $123,218 they are 22 % more affordable than the average price for Olean. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 2 bedrooms priced at $117,257.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $70 / sq.feet, with an average $90 / sq.feet price in Olean. The properties with the highest average prices have 1 bedroom. They are 96 % more expensive than the average followed by properties with 2 bedrooms with a price at $92 / 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 $123,218 it is 5 % cheaper than the average price in Olean. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $117,581 it is 8 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $69 / sq.feet followed by "House" priced at $80 / sq.feet. "House" is the cheapest type of property with a $80 / sq.feet value followed by "Detached House" with an average price of $69 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Olean
Number of properties used in region New York
$123,218
$90
946
711,200
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value