Property prices for sale in Forest Hills (New York)

The prices in real estate in Forest Hills, 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

$920,489.17
Average price last 6 months
$632.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Forest Hills has fallen in the last 6 months. In October, the average price per sq.feet was $694. In November this price pretty much remained the same at a value of $686 per sq.feet. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $658.5 to $581 during February, and March.

Average price

Based upon to the price in Forest Hills (cities), this has gone downing the last 6 months. The price in October is $965,811, rising in November till $1,021,321. During the following two months (December, January) the average price had a considerable reduction of 79 % with regard to the previous two months. 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.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,021,037 they are 61 % more affordable than the average price for Forest Hills. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,220,294.

With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $636 / sq.feet, with an average $593 / sq.feet price in Forest Hills. The properties with the highest average prices have 2 bedrooms. They are 40 % more expensive than the average followed by properties with 4 bedrooms with a price at $807 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,021,037 it is 67 % cheaper than the average price in Forest Hills. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $1,649,737 it is 115 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $523 / sq.feet followed by "Townhouse" priced at $711 / sq.feet. "Apartment" is the most costly type of property with a $1,372 / sq.feet cost followed by "Condo" with an average price of $839 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Forest Hills
Number of properties used in region New York
$1,021,037
$593
2,882
910,874
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value