Property prices for sale in Far Rockaway (New York)
The prices in real estate in Far Rockaway, 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 Far Rockaway has fallen in the last 6 months. In October, the average price per sq.feet was $458. In November this price pretty much remained the same at a value of $461 per sq.feet. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. 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 $436.5 to $424 during February y March
Based upon to the price in Far Rockaway (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $687,472. In November This price remains at $688,898. In the following two months the average price has remained the same with regard to the previous two months from $688,185 to $692,866. 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 $690,525.5 and $683,458 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $664,356 they are 71 % more affordable than the average price for Far Rockaway. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $558,352.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $441 / sq.feet, with an average $437 / sq.feet price in Far Rockaway. The properties with the highest average prices have 2 bedrooms. They are 49 % more expensive than the average followed by properties with 4 bedrooms with a price at $585 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $664,356 it is 57 % cheaper than the average price in Far Rockaway. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $747,562 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $294 / sq.feet followed by "House" priced at $455 / sq.feet. "Condo" is the most costly type of property with a $549 / sq.feet cost followed by "Apartment" with an average price of $469 / sq.feet.
