The prices in real estate in Islip, 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 Islip has increased strongly during the last 6 months. In October, the average price per sq.feet was $440. In the following month the price per sq.feet decreased to $394. The price for the following two months in (December, January) had a considerable decrease of 85 with regard to the prior two months. The price per sq.feet has had a considerable increase of 10645 % 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 $385.25 to $41,011.5 during February, and March.
Based upon to the price in Islip (cities), this has gone downing the last 6 months. The average price for October is $1,084,995. During November the price had a slight fall till $973,610. During the following two months (December, January) the average price fell 85 % 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 113 % 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 $1,087,454 they are 84 % more affordable than the average price for Islip. Based on the bedrooms values, properties with the lowest prices are those with 3 bedrooms. They are 1 % more affordable than the average aforementioned.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $343 / sq.feet, with an average $81,585 / sq.feet price in Islip. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 99 % cheaper than the average value aforementioned.