The prices in real estate in Hauppauge, 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 Hauppauge has increased strongly during the last 6 months. In November, the average price per sq.feet was $423. In the following month the price per sq.feet decreased considerably to $345. The price for the following two months in (January, February) had a considerable increment of 12180 %. The price per sq.feet has had a considerable increase of 214 % 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 $23,578 to $50,566 during March, and April.
Based upon to the price in Hauppauge (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $708,942. In December This price remains at $676,991. In the following two months the average price has remained the same with regard to the previous two months from $692,966.5 to $703,524.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $822,368 they are 65 % more affordable than the average price for Hauppauge. The properties with the lowest average price have 4 bedrooms, Their price is 34 % cheaper than the average. After that we have properties with 2 bedrooms priced at $437,688.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $157 / sq.feet, with an average $348 / sq.feet price in Hauppauge. The properties with the highest average prices have 4 bedrooms. They are 261 % more expensive than the average followed by properties with 1 bedroom with a price at $345 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $822,368 it is 50 % cheaper than the average price in Hauppauge. "Office" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $422,185 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $129 / sq.feet followed by "House" priced at $131 / sq.feet. "Apartment" is the most costly type of property with a $2,412 / sq.feet cost followed by "Duplex" with an average price of $149 / sq.feet.