The prices in real estate in Purchase, 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 Purchase has increased strongly during the last 6 months. In November, the average price per sq.feet was $543. In December this price pretty much remained the same at a value of $531 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 6933 %. The price per sq.feet has had a considerable deflation of 2 % 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 $18,883.75 to $466.5 during March, and April.
Based upon to the price in Purchase (cities), this has gone downing the last 6 months. The average price for November is $2,963,989. During December the price had a slight fall till $2,601,587. In the following two months the average price has remained the same with regard to the previous two months from $2,782,788 to $2,898,224. 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 $2,840,506 and $2,822,676.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $2,838,294 they are 12 % more affordable than the average price for Purchase. The properties with the lowest average price have 1 bedroom, Their price is 0 % cheaper than the average. After that we have properties with 2 bedrooms priced at $2,490,216.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $3,968 / sq.feet, with an average $462 / sq.feet price in Purchase. The properties with the highest average prices have 1 bedroom. They are 904 % more expensive than the average followed by properties with 2 bedrooms with a price at $3,968 / sq.feet.
With regard to the average price based upon the property in Purchase we can see that the cheapest property type is "House" at a price of $2,490,216, they are 12 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 12 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $3,968 / sq.feet. "House" at an average price of $3,968 / sq.feet has the most expensive price and would be directed at more affluent cities.