The prices in real estate in Brooklyn, 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 Brooklyn has remained the same in the last 6 months. In September, the average price per sq.feet was $652. In October this price pretty much remained the same at a value of $655 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $653.5 to $695 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 $674.25 to $685 during January y February
Based upon to the price in Brooklyn (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $1,142,201. In October This price remains at $1,123,539. During the following two months (November, December) the average price fell 94 % with regard to the previous two months. 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 $1,250,833 they are 62 % more affordable than the average price for Brooklyn. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $969,387.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $624 / sq.feet, with an average $711 / sq.feet price in Brooklyn. The properties with the highest average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $644 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,250,833 it is 49 % cheaper than the average price in Brooklyn. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of $2,356,611 it is 97 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $604 / sq.feet followed by "Commercial" priced at $688 / sq.feet. "Apartment" is the most costly type of property with a $1,528 / sq.feet cost followed by "Condo" with an average price of $1,149 / sq.feet.