The prices in real estate in Bronx, in the New York region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Bronx has remained the same in the last 6 months. In May, the average price per sq.feet was $345. In the following month the price per sq.feet increased to $382. In the following two months the price per sq.feet has barely changed, going from $363.5 to $356 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $359.75 to $358 during September y October
Based upon to the price in Bronx (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $529,891. During June the price went through a considerable rise reaching $619,781. In the following two months the average price has remained the same with regard to the previous two months from $574,836 to $587,001.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $644,140 they are 71 % more affordable than the average price for Bronx. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $654,323.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $241 / sq.feet, with an average $356 / sq.feet price in Bronx. The properties with the highest average prices have 3 bedrooms. They are 20 % more expensive than the average followed by properties with 4 bedrooms with a price at $402 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $644,140 it is 33 % cheaper than the average price in Bronx. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $812,268 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $307 / sq.feet followed by "Apartment" priced at $325 / sq.feet. "Condo" is the most costly type of property with a $433 / sq.feet cost followed by "Townhouse" with an average price of $411 / sq.feet.