The prices in real estate in Pine Bush, in the New York region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Pine Bush has increased strongly during the last 6 months. In May, the average price per sq.feet was $187. In the following month the price per sq.feet increased considerably to $242. The price for the following two months in (July, August) had a considerable increment of 1056 %. The price per sq.feet has had a considerable deflation of 12 % 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 $1,240.25 to $152.5 during September, and October.
Based upon to the price in Pine Bush (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $387,933. During June the price went through a considerable rise reaching $940,667. During the following two months (July, August) the average price had a considerable increase of 151 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $832,179.25 to $339,849.5, which means a 41 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 30 % cheaper than the average price of $262,223 in Pine Bush. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 30 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % cheaper than the average price of ($140 / sq.feet) in Pine Bush. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $374,861 it is 35 % cheaper than the average price in Pine Bush. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $243,893 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $86 / sq.feet followed by "Duplex" priced at $89 / sq.feet. "Apartment" is the cheapest type of property with a $140 / sq.feet value followed by "Duplex" with an average price of $89 / sq.feet.