The prices in real estate in Plattsburgh, 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.
The price per sq.feet in Plattsburgh has remained the same in the last 6 months. In February, the average price per sq.feet was $131. In March this price pretty much remained the same at a value of $125 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $128 to $130.5 per sq.feet. The price per sq.feet has increased 108 % 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 $129.25 to $140 during June, and July.
Based upon to the price in Plattsburgh (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $274,292. In March This price remains at $284,925. During the following two months (April, May) the average price had a considerable increase of 139 % 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 risen strongly 132 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $323,294 they are 46 % more affordable than the average price for Plattsburgh. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 1 bedroom priced at $243,030.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $116 / sq.feet, with an average $119 / sq.feet price in Plattsburgh. The properties with the highest average prices have 1 bedroom. They are 87 % more expensive than the average followed by properties with 2 bedrooms with a price at $160 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $323,294 it is 44 % cheaper than the average price in Plattsburgh. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $200,452 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $132 / sq.feet followed by "Office" priced at $145 / sq.feet. "Commercial" is the most costly type of property with a $529 / sq.feet cost followed by "Land" with an average price of $524 / sq.feet.