The prices in real estate in Cedarhurst, 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 Cedarhurst has remained the same in the last 6 months. In October, the average price per sq.feet was $454. In November this price pretty much remained the same at a value of $470 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $462 to $503.5 per sq.feet. The price per sq.feet has decreased 91 % 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 $482.75 to $440.5 during February, and March.
Based upon to the price in Cedarhurst (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,376,994. During November the price went through a considerable rise reaching $1,773,118. During the following two months (December, January) the price has had an average incrementation from $1,575,056 to $1,752,078.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $1,663,567.25 to $1,570,791.5 in February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 99 % cheaper than the average price of $9,960 in Cedarhurst. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 86 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 98 % cheaper than the average price of ($7 / sq.feet) in Cedarhurst. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 50 % cheaper than the average value aforementioned.