The prices in real estate in Rye, 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 Rye has remained the same in the last 6 months. In September, the average price per sq.feet was $522. In October this price pretty much remained the same at a value of $501 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $511.5 to $514 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $512.75 to $600.5 during January, and February.
Based upon to the price in Rye (cities), this has gone downing the last 6 months. The average price for September is $2,177,827. During October the price had a considerable reduction till $1,544,222. In the following two months the average price has remained the same with regard to the previous two months from $1,861,024.5 to $1,816,913.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,415,550 they are 80 % more affordable than the average price for Rye. The properties with the lowest average price have 4 bedrooms, Their price is 24 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,656,207.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $540 / sq.feet, with an average $622 / sq.feet price in Rye. The properties with the highest average prices have 3 bedrooms. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $668 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $2,415,550 it is 31 % cheaper than the average price in Rye. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Townhouse". At a price of $2,540,355 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $432 / sq.feet followed by "House" priced at $570 / sq.feet. "Condo" is the most costly type of property with a $5,649 / sq.feet cost followed by "Townhouse" with an average price of $5,625 / sq.feet.