The prices in real estate in Hauppauge, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Hauppauge has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $260. In July this price pretty much remained the same at a value of $260 per sq.feet. The price for the following two months in (August, September) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $228.25 to $190 during October, and November.
Based upon to the price in Hauppauge (cities), this has fallen considerably in the last 6 months. In our first sample month during June, the average price is $665,982. In July This price remains at $665,982. During the following two months (August, September) the average price had a considerable reduction of 59 % with regard to the previous two months. 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 $530,928.25 and $526,643 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $542,458 they are 17 % more affordable than the average price for Hauppauge. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 1 bedroom priced at $447,888.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $190 / sq.feet, with an average $214 / sq.feet price in Hauppauge. The properties with the highest average prices have 4 bedrooms. They are 537 % more expensive than the average followed by properties with 1 bedroom with a price at $190 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $542,458 it is 20 % cheaper than the average price in Hauppauge. "Office" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $445,205 it is 12 % 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 $182 / sq.feet followed by "House" priced at $184 / sq.feet. "Apartment" is the most costly type of property with a $2,571 / sq.feet cost followed by "Duplex" with an average price of $202 / sq.feet.