The prices in real estate in West Valley, 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 West Valley has increased strongly during the last 6 months. In October, the average price per sq.feet was $461. In the following month the price per sq.feet increased considerably to $2,598. The price for the following two months in (December, January) had a considerable increment of 146 %. The price per sq.feet has had a considerable deflation of 10 % 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 $1,883.5 to $180 during February, and March.
Based upon to the price in West Valley (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $140,278. In November This price remains at $138,963. During the following two months (December, January) the average price had a considerable increase of 157 % 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 141 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $189,524 they are 7 % more affordable than the average price for West Valley. The properties with the highest average price have 2 bedrooms, Their price is 129 % more costly than the average. After that we have properties with 3 bedrooms priced at $396,196.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $195 / sq.feet, with an average $128 / sq.feet price in West Valley. The properties with the highest average prices have 1 bedroom. They are 880 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,235 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $189,524 it is 7 % cheaper than the average price in West Valley. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Apartment". At a price of $176,329 it is 78 % 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 $203 / sq.feet followed by "Apartment" priced at $1,235 / sq.feet. "Apartment" is the most costly type of property with a $1,235 / sq.feet cost followed by "Townhouse" with an average price of $203 / sq.feet.