Property prices for sale in Elmont (New York)
The prices in real estate in Elmont, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Elmont has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $493. In the following month the price per sq.feet decreased to $439. The price for the following two months in (January, February) decreased 90 % with regard to the prior two months. The price per sq.feet has decreased 87 % 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 $443.5 to $386.5 during March, and April.
Based upon to the price in Elmont (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $703,741. In December This price remains at $690,340. In the following two months the average price has remained the same with regard to the previous two months from $697,040.5 to $689,736.5. 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 $693,388.5 and $703,598 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 $726,699 they are 62 % more affordable than the average price for Elmont. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $539,927.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $349 / sq.feet, with an average $390 / sq.feet price in Elmont. The properties with the highest average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 4 bedrooms with a price at $375 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $726,699 it is 50 % cheaper than the average price in Elmont. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $694,210 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $214 / sq.feet followed by "Duplex" priced at $235 / sq.feet. "Farm" is the most costly type of property with a $1,105 / sq.feet cost followed by "House" with an average price of $408 / sq.feet.
