The prices in real estate in Stony Point, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Stony Point has fallen in the last 6 months. In October, the average price per sq.feet was $319. In November this price pretty much remained the same at a value of $307 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $313 to $300.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $306.75 to $303 during February y March
Based upon to the price in Stony Point (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $844,760. In November This price remains at $821,051. During the following two months (December, January) the price has had an average incrementation from $832,905.5 to $910,446. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $953,500 they are 70 % more affordable than the average price for Stony Point. The properties with the lowest average price have 4 bedrooms, Their price is 37 % cheaper than the average. After that we have properties with 3 bedrooms priced at $445,606.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $170 / sq.feet, with an average $295 / sq.feet price in Stony Point. The properties with the lowest average prices have 1 bedroom. They are 4 % cheaper than the average followed by properties with 2 bedrooms with a price at $205 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $953,500 it is 74 % cheaper than the average price in Stony Point. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Commercial". At a price of $250,250 it is 50 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $70 / sq.feet followed by "Apartment" priced at $188 / sq.feet. "Apartment" is the cheapest type of property with a $188 / sq.feet value followed by "Commercial" with an average price of $70 / sq.feet.