Property prices for sale in Farmingville (New York)
The prices in real estate in Farmingville, 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 Farmingville has increased strongly during the last 6 months. In October, the average price per sq.feet was $325. In November this price pretty much remained the same at a value of $321 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 1900 %. The price per sq.feet has had a considerable deflation of 9 % 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 $3,230.75 to $292 during February, and March.
Based upon to the price in Farmingville (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $557,687. In November This price remains at $554,877. During the following two months (December, January) the price has had an average incrementation from $556,282 to $586,761.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $636,766 they are 49 % more affordable than the average price for Farmingville. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $533,417.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $180 / sq.feet, with an average $291 / sq.feet price in Farmingville. The properties with the highest average prices have 1 bedroom. They are 62 % more expensive than the average followed by properties with 3 bedrooms with a price at $355 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $636,766 it is 98 % cheaper than the average price in Farmingville. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $542,855 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1 / sq.feet followed by "Commercial Property" priced at $131 / sq.feet. "House" is the most costly type of property with a $314 / sq.feet cost followed by "Detached House" with an average price of $272 / sq.feet.
