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 July, the average price per sq.feet was $132. In the following month the price per sq.feet increased to $144. In the following two months the price per sq.feet has increased 114 %, going from $138 to $157.5 per sq.feet. The price per sq.feet has had a considerable increase of 610 % 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 $147.75 to $902 during November, and December.
Based upon to the price in West Valley (cities), this has gone up considerably in the last 6 months. The price in July is $251,880, rising in August till $265,380. In the following two months the average price has remained the same with regard to the previous two months from $258,630 to $270,894.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 449 % 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 $1,139,223 they are 84 % more affordable than the average price for West Valley. The properties with the lowest average price have 1 bedroom, Their price is 84 % cheaper than the average. After that we have properties with 4 bedrooms priced at $181,535.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $1,293 / sq.feet, with an average $875 / sq.feet price in West Valley. The properties with the highest average prices have 1 bedroom. They are 49 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,293 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,139,223 it is 84 % cheaper than the average price in West Valley. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $181,535 it is 81 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $100 / sq.feet followed by "House" priced at $1,293 / sq.feet. "House" is the most costly type of property with a $1,293 / sq.feet cost followed by "Condo" with an average price of $100 / sq.feet.