The prices in real estate in White Plains, 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 White Plains has fallen in the last 6 months. In March, the average price per sq.feet was $358. In April this price pretty much remained the same at a value of $366 per sq.feet. The price for the following two months in (May, June) decreased 92 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $347.5 to $319.5 during July, and August.
Based upon to the price in White Plains (cities), this has fallen considerably in the last 6 months. The average price for March is $768,223. During April the price had a slight fall till $718,518. During the following two months (May, June) the average price had a considerable reduction of 81 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $673,128.25 to $568,932, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $550,685 they are 57 % more affordable than the average price for White Plains. The properties with the highest average price have 4 bedrooms, Their price is 103 % more costly than the average. After that we have properties with 3 bedrooms priced at $779,776.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $266 / sq.feet, with an average $316 / sq.feet price in White Plains. The properties with the highest average prices have 4 bedrooms. They are 25 % more expensive than the average followed by properties with 3 bedrooms with a price at $378 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $550,685 it is 55 % cheaper than the average price in White Plains. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Duplex". At a price of $1,524,787 it is 216 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $252 / sq.feet followed by "Condo" priced at $338 / sq.feet. "Duplex" is the most costly type of property with a $4,788 / sq.feet cost followed by "Land" with an average price of $3,702 / sq.feet.