The prices in real estate in Amagansett, 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 Amagansett has increased strongly during the last 6 months. In January, the average price per sq.feet was $1,160. In February this price pretty much remained the same at a value of $1,112 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $1,136 to $1,174.5 per sq.feet. The price per sq.feet has had a considerable increase of 192 % 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 $1,155.25 to $2,220 during May, and June.
Based upon to the price in Amagansett (cities), this has gone downing the last 6 months. The average price for January is $3,550,222. During February the price had a considerable reduction till $3,002,314. In the following two months the average price has remained the same with regard to the previous two months from $3,276,268 to $3,193,401.5. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $3,715,036 they are 45 % more affordable than the average price for Amagansett. The properties with the lowest average price have 2 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 1 bedroom priced at $2,029,453.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $975 / sq.feet, with an average $2,089 / sq.feet price in Amagansett. The properties with the highest average prices have 2 bedrooms. They are 170 % more expensive than the average followed by properties with 1 bedroom with a price at $975 / sq.feet.
With regard to the average price based upon the property in Amagansett we can see that the cheapest property type is "House" at a price of $3,612,706, they are 3 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 3 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $5,640 / sq.feet. "House" at an average price of $5,640 / sq.feet has the most expensive price and would be directed at more affluent cities.