Property prices for sale in Farmingdale (New York)
The prices in real estate in Farmingdale, 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 Farmingdale has fallen in the last 6 months. In October, the average price per sq.feet was $429. In November this price pretty much remained the same at a value of $416 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $422.5 to $408.5 per sq.feet. The price per sq.feet has decreased 90 % 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 $415.5 to $373 during February, and March.
Based upon to the price in Farmingdale (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $611,719. In November This price remains at $596,558. In the following two months the average price has remained the same with regard to the previous two months from $604,138.5 to $603,458.5. 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 $603,798.5 and $593,563 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 $587,672 they are 87 % more affordable than the average price for Farmingdale. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $602,602.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $111 / sq.feet, with an average $429 / sq.feet price in Farmingdale. The properties with the lowest average prices have 4 bedrooms. They are 7 % cheaper than the average followed by properties with 3 bedrooms with a price at $392 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $587,672 it is 46 % cheaper than the average price in Farmingdale. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $611,611 it is 8 % 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 $113 / sq.feet followed by "House" priced at $420 / sq.feet. "Condo" is the most costly type of property with a $14,914 / sq.feet cost followed by "Detached House" with an average price of $423 / sq.feet.
