The prices in real estate in Port Jervis, 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 Port Jervis has increased strongly during the last 6 months. In May, the average price per sq.feet was $60. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (July, August) had a considerable increment of 157 %. The price per sq.feet has had a considerable increase of 377 % 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 $38.5 to $145 during September, and October.
Based upon to the price in Port Jervis (cities), this has fallen considerably in the last 6 months. The average price for May is $269,960. During June the price had a considerable reduction till . During the following two months (July, August) the average price fell 86 % 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 206 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 5 % more costly than the average price of $251,722 in Port Jervis. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 5 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 36 % cheaper than the average price of ($86 / sq.feet) in Port Jervis. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 36 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $238,625 it is 51 % cheaper than the average price in Port Jervis. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $185,394 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $65 / sq.feet followed by "House" priced at $86 / sq.feet. "Condo" is the cheapest type of property with a $103 / sq.feet value followed by "Duplex" with an average price of $98 / sq.feet.