Property prices for sale in Rochester (New York)
The prices in real estate in Rochester, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Rochester has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $128. In the following month the price per sq.feet decreased to $109. The price for the following two months in (December, January) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $102.5 to $91 during February, and March.
Based upon to the price in Rochester (cities), this has fallen considerably in the last 6 months. The average price for October is $194,187. During November the price had a slight fall till $177,586. During the following two months (December, January) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $165,882.75 to $146,739.5 in 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 $149,664 they are 40 % more affordable than the average price for Rochester. The properties with the highest average price have 2 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 4 bedrooms priced at $141,745.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $81 / sq.feet, with an average $91 / sq.feet price in Rochester. The properties with the highest average prices have 2 bedrooms. They are 79 % more expensive than the average followed by properties with 1 bedroom with a price at $142 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $149,664 it is 19 % cheaper than the average price in Rochester. "Detached House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $170,403 it is 143 % 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 $82 / sq.feet followed by "House" priced at $87 / sq.feet. "Condo" is the most costly type of property with a $154 / sq.feet cost followed by "Detached House" with an average price of $153 / sq.feet.
