The prices in real estate in Saugerties, 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 Saugerties has increased strongly during the last 6 months. In March, the average price per sq.feet was $190. In the following month the price per sq.feet increased to $211. In the following two months the price per sq.feet has increased 112 %, going from $200.5 to $224 per sq.feet. The price per sq.feet has had a considerable increase of 127 % 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 $212.25 to $268.5 during July, and August.
Based upon to the price in Saugerties (cities), this has gone up considerably in the last 6 months. The price in March is $338,737, rising in April till $388,729. During the following two months (May, June) the average price had a considerable increase of 118 % 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 134 % 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 $607,050 they are 67 % more affordable than the average price for Saugerties. The properties with the lowest average price have 3 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 4 bedrooms priced at $379,308.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $159 / sq.feet, with an average $296 / sq.feet price in Saugerties. The properties with the lowest average prices have 3 bedrooms. They are 19 % cheaper than the average followed by properties with 2 bedrooms with a price at $217 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $607,050 it is 16 % cheaper than the average price in Saugerties. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $512,360 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $260 / sq.feet followed by "Apartment" priced at $649 / sq.feet. "Apartment" is the most costly type of property with a $649 / sq.feet cost followed by "House" with an average price of $260 / sq.feet.