The prices in real estate in Scarsdale, in the New York region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Scarsdale has increased during the last 6 months. In October, the average price per sq.feet was $455. In the following month the price per sq.feet increased to $478. In the following two months the price per sq.feet has barely changed, going from $466.5 to $466 per sq.feet. The price per sq.feet has increased 112 % 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 $466.25 to $522.5 during February, and March.
Based upon to the price in Scarsdale (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,449,333. During November the price went through a considerable rise reaching $1,835,970. During the following two months (December, January) the average price fell 92 % 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 117 % 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 $1,889,243 they are 89 % more affordable than the average price for Scarsdale. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,057,240.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $250 / sq.feet, with an average $527 / sq.feet price in Scarsdale. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $538 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,889,243 it is 43 % cheaper than the average price in Scarsdale. "House" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $2,105,243 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $543 / sq.feet followed by "Condo" priced at $612 / sq.feet. "Farm" is the most costly type of property with a $4,678 / sq.feet cost followed by "Condo" with an average price of $612 / sq.feet.