Property prices for sale in East Meadow (New York)
The prices in real estate in East Meadow, 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 East Meadow has fallen in the last 6 months. In October, the average price per sq.feet was $495. In November this price pretty much remained the same at a value of $490 per sq.feet. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $477.5 to $439 during February, and March.
Based upon to the price in East Meadow (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $734,727. In November This price remains at $743,266. During the following two months (December, January) the price has had an average incrementation from $738,996.5 to $801,526. 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 $770,261.25 and $794,874.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $810,428 they are 36 % more affordable than the average price for East Meadow. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 3 bedrooms priced at $674,484.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $315 / sq.feet, with an average $424 / sq.feet price in East Meadow. The properties with the highest average prices have 1 bedroom. They are 186 % more expensive than the average followed by properties with 4 bedrooms with a price at $342 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $810,428 it is 48 % cheaper than the average price in East Meadow. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $624,004 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $235 / sq.feet followed by "House" priced at $333 / sq.feet. "Detached House" is the most costly type of property with a $452 / sq.feet cost followed by "Apartment" with an average price of $336 / sq.feet.
