The prices in real estate in Floral Park, 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 Floral Park has increased strongly during the last 6 months. In February, the average price per sq.feet was $332. In the following month the price per sq.feet increased considerably to $449. In the following two months the price per sq.feet has barely changed, going from $390.5 to $408 per sq.feet. 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 $399.25 to $386.5 during June y July
Based upon to the price in Floral Park (cities), this has gone downing the last 6 months. The average price for February is $765,667. During March the price had a slight fall till $714,000. In the following two months the average price has remained the same with regard to the previous two months from $739,833.5 to $731,601.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $735,717.5 to $692,630 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $624,260 they are 39 % more affordable than the average price for Floral Park. The properties with the highest average price have 4 bedrooms, Their price is 58 % more costly than the average. After that we have properties with 3 bedrooms priced at $758,286.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $385 / sq.feet, with an average $424 / sq.feet price in Floral Park. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $425 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $624,260 it is 17 % cheaper than the average price in Floral Park. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $555,094 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $377 / sq.feet followed by "Apartment" priced at $414 / sq.feet. "Townhouse" is the most costly type of property with a $936 / sq.feet cost followed by "Duplex" with an average price of $932 / sq.feet.