The prices in real estate in Spencerport, 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 Spencerport has increased strongly during the last 6 months. In October, the average price per sq.feet was $162. In the following month the price per sq.feet decreased to $143. The price for the following two months in (December, January) had a considerable increment of 138 %. The price per sq.feet has had a considerable increase of 120 % 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 $181.75 to $217.5 during February, and March.
Based upon to the price in Spencerport (cities), this has gone up considerably in the last 6 months. The average price for October is $310,181. During November the price had a considerable reduction till $241,655. During the following two months (December, January) the average price had a considerable increase of 138 % 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 151 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $377,165 they are 82 % more affordable than the average price for Spencerport. The properties with the lowest average price have 1 bedroom, Their price is 82 % cheaper than the average. After that we have properties with 2 bedrooms priced at $68,741.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $3 / sq.feet, with an average $173 / sq.feet price in Spencerport. The properties with the lowest average prices have 1 bedroom. They are 92 % cheaper than the average followed by properties with 2 bedrooms with a price at $8 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $377,165 it is 82 % cheaper than the average price in Spencerport. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $68,396 it is 31 % 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 $3 / sq.feet followed by "Condo" priced at $39 / sq.feet. "Condo" is the cheapest type of property with a $39 / sq.feet value followed by "House" with an average price of $3 / sq.feet.