Property prices for sale in Elmhurst (New York)
The prices in real estate in Elmhurst, in the New York region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Elmhurst has increased strongly during the last 6 months. In November, the average price per sq.feet was $614. In the following month the price per sq.feet increased to $670. The price for the following two months in (January, February) had a considerable increment of 299 %. The price per sq.feet has had a considerable increase of 184 % 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 $1,280.5 to $2,350 during March, and April.
Based upon to the price in Elmhurst (cities), this has gone downing the last 6 months. The average price for November is $921,188. During December the price had a slight fall till $813,667. In the following two months the average price has remained the same with regard to the previous two months from $867,427.5 to $827,016.5. 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 $847,222 and $862,181.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $843,709 they are 49 % more affordable than the average price for Elmhurst. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $936,618.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $511 / sq.feet, with an average $844 / sq.feet price in Elmhurst. The properties with the highest average prices have 2 bedrooms. They are 261 % more expensive than the average followed by properties with 1 bedroom with a price at $1,672 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $843,709 it is 27 % cheaper than the average price in Elmhurst. "Commercial" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $1,462,590 it is 90 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $503 / sq.feet followed by "House" priced at $655 / sq.feet. "Commercial" is the most costly type of property with a $157,769 / sq.feet cost followed by "Condo" with an average price of $2,867 / sq.feet.
