The prices in real estate in Bayside, 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 Bayside has fallen in the last 6 months. In October, the average price per sq.feet was $651. In the following month the price per sq.feet increased to $712. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $647.25 to $573.5 during February, and March.
Based upon to the price in Bayside (cities), this has gone up in the last 6 months. The price in October is $1,033,764, rising in November till $1,113,216. During the following two months (December, January) the price has had an average incrementation from $1,073,490 to $1,160,221.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,116,855.75 and $1,140,181.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,133,421 they are 55 % more affordable than the average price for Bayside. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,055,784.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $633 / sq.feet, with an average $608 / sq.feet price in Bayside. The properties with the highest average prices have 1 bedroom. They are 738 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,133 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $1,133,421 it is 43 % cheaper than the average price in Bayside. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $795,457 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $346 / sq.feet followed by "Apartment" priced at $425 / sq.feet. "Townhouse" is the most costly type of property with a $2,766 / sq.feet cost followed by "Condo" with an average price of $1,636 / sq.feet.