The prices in real estate in Poughkeepsie, 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 Poughkeepsie has increased strongly during the last 6 months. In October, the average price per sq.feet was $206. In the following month the price per sq.feet increased considerably to $712. The price for the following two months in (December, January) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 62 % 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 $337.75 to $210 during February, and March.
Based upon to the price in Poughkeepsie (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $394,746. In November This price remains at $399,266. In the following two months the average price has remained the same with regard to the previous two months from $397,006 to $396,247.5. 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 $396,626.75 and $387,881 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $421,532 they are 56 % more affordable than the average price for Poughkeepsie. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $413,176.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $215 / sq.feet, with an average $210 / sq.feet price in Poughkeepsie. The properties with the highest average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 3 bedrooms with a price at $242 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $421,532 it is 43 % cheaper than the average price in Poughkeepsie. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $417,582 it is 7 % 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 $194 / sq.feet followed by "House" priced at $221 / sq.feet. "Detached House" is the most costly type of property with a $1,156 / sq.feet cost followed by "Condo" with an average price of $235 / sq.feet.