The prices in real estate in Watervliet, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Watervliet has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $4,400. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (July, August) had a considerable decrease of 43 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 5 % 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 $1,570 to $73.5 during September, and October.
Based upon to the price in Watervliet (cities), this has fallen considerably in the last 6 months. The average price for May is $147,860. During June the price had a considerable reduction till . During the following two months (July, August) the average price had a considerable increase of 160 % 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 146 % 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 $142,597 they are 36 % more affordable than the average price for Watervliet. The properties with the lowest average price have 1 bedroom, Their price is 35 % cheaper than the average. After that we have properties with 3 bedrooms priced at $91,957.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $1,789 / sq.feet, with an average $73 / sq.feet price in Watervliet. The properties with the highest average prices have 1 bedroom. They are 2353 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,789 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $142,597 it is 36 % cheaper than the average price in Watervliet. "Apartment" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Farm". At a price of $212,707 it is 51 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $90 / sq.feet followed by "Farm" priced at $93 / sq.feet. "Commercial Property" is the most costly type of property with a $2,169 / sq.feet cost followed by "Apartment" with an average price of $1,789 / sq.feet.