The prices in real estate in Slingerlands, 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 Slingerlands has increased strongly during the last 6 months. In October, the average price per sq.feet was $228. In the following month the price per sq.feet increased considerably to $1,347. The price for the following two months in (December, January) had a considerable increment of 123 %. The price per sq.feet has had a considerable increase of 1556 % 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 $878.75 to $13,672.5 during February, and March.
Based upon to the price in Slingerlands (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $493,272. In November This price remains at $511,619. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $477,632.5 to $405,687.5, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $424,200 they are 64 % more affordable than the average price for Slingerlands. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $419,888.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $118 / sq.feet, with an average $9,188 / sq.feet price in Slingerlands. The properties with the lowest average prices have 2 bedrooms. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $137 / sq.feet.
With regard to the average price based upon the property in Slingerlands we can see that most expensive property type is "House" at a price of $458,433, they are 8 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 8 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $137 / sq.feet. "House" with an average cost of $137 / sq.feet has the lowest price and would be directed at less affluent cities.