The prices in real estate in Orchard Park, 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 Orchard Park has fallen in the last 6 months. In August, the average price per sq.feet was $178. In the following month the price per sq.feet decreased considerably to $147. In the following two months the price per sq.feet has barely changed, going from $162.5 to $156 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $159.25 to $159 during December y January
Based upon to the price in Orchard Park (cities), this has fallen considerably in the last 6 months. The average price for August is $606,267. During September the price had a considerable reduction till $390,740. During the following two months (October, November) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $465,298 to $430,369 in December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $414,273 they are 32 % more affordable than the average price for Orchard Park. The properties with the lowest average price have 1 bedroom, Their price is 11 % cheaper than the average. After that we have properties with 3 bedrooms priced at $283,331.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $107 / sq.feet, with an average $161 / sq.feet price in Orchard Park. The properties with the lowest average prices have 1 bedroom. They are 16 % cheaper than the average followed by properties with 3 bedrooms with a price at $112 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $414,273 it is 32 % cheaper than the average price in Orchard Park. "Farm" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Farm". At a price of $371,998 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $107 / sq.feet followed by "Farm" priced at $190 / sq.feet. "Townhouse" is the most costly type of property with a $192 / sq.feet cost followed by "Farm" with an average price of $190 / sq.feet.