The prices in real estate in Bridgehampton, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Bridgehampton has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $498. In the following month the price per sq.feet decreased considerably to $384. The price for the following two months in (December, January) had a considerable decrease of 60 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 $351.75 to $311.5 during February, and March.
Based upon to the price in Bridgehampton (cities), this has fallen considerably in the last 6 months. The average price for October is $1,804,464. During November the price had a considerable reduction till $1,357,543. During the following two months (December, January) the average price had a considerable reduction of 59 % 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 $1,257,458.25 to $933,676, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $1,322,819 they are 474 % more expensive than the average price for Bridgehampton. Following this ranking we find those properties with 1 at an average price of $8,844,306. The properties with the highest average price have 1 bedroom, Their price is 569 % more costly than the average. After that we have properties with 2 bedrooms priced at $7,587,152.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $7,044 / sq.feet, with an average $416 / sq.feet price in Bridgehampton. The properties with the highest average prices have 1 bedroom. They are 86478 % more expensive than the average followed by properties with 2 bedrooms with a price at $7,044 / sq.feet.
With regard to the average price based upon the property in Bridgehampton we can see that most expensive property type is "House" at a price of $7,587,152, they are 474 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 474 % more expensive 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 $7,044 / sq.feet. "House" at an average price of $7,044 / sq.feet has the most expensive price and would be directed at more affluent cities.