The prices in real estate in Garden City, in the New York region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Garden City has remained the same in the last 6 months. In December, the average price per sq.feet was $490. In January this price pretty much remained the same at a value of $490 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $490 to $474.5 per sq.feet. The price per sq.feet has decreased 92 % 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 $482.25 to $446 during April, and May.
Based upon to the price in Garden City (cities), these have remained the same in the last 6 months. The average price for December is $1,232,962. During January the price had a slight fall till $1,155,130. In the following two months the average price has remained the same with regard to the previous two months from $1,194,046 to $1,223,935. 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 $1,208,990.5 and $1,241,999.5 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,272,600 they are 53 % more affordable than the average price for Garden City. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 2 bedrooms priced at $1,008,667.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $500 / sq.feet, with an average $454 / sq.feet price in Garden City. The properties with the highest average prices have 2 bedrooms. They are 39 % more expensive than the average followed by properties with 1 bedroom with a price at $555 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,272,600 it is 42 % cheaper than the average price in Garden City. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $1,321,588 it is 32 % 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 $390 / sq.feet followed by "House" priced at $502 / sq.feet. "Condo" is the most costly type of property with a $787 / sq.feet cost followed by "Duplex" with an average price of $564 / sq.feet.