Property prices for sale in Jackson Heights (New York)
The prices in real estate in Jackson Heights, 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 Jackson Heights has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $3,563. In the following month the price per sq.feet increased considerably to $4,177. The price for the following two months in (August, September) had a considerable decrease of 13 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 28 % 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 $2,187.5 to $614 during October, and November.
Based upon to the price in Jackson Heights (cities), this has gone up considerably in the last 6 months. The price in June is $353,522, rising in July till $403,340. During the following two months (August, September) the average price had a considerable increase of 131 % 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 risen strongly 188 % 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 $1,054,138 they are 76 % more affordable than the average price for Jackson Heights. The properties with the lowest average price have 3 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 2 bedrooms priced at $558,640.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $456 / sq.feet, with an average $668 / sq.feet price in Jackson Heights. The properties with the highest average prices have 4 bedrooms. They are 379 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,942 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,054,138 it is 70 % cheaper than the average price in Jackson Heights. "Office" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $474,523 it is 53 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $389 / sq.feet followed by "Office" priced at $396 / sq.feet. "House" is the most costly type of property with a $3,197 / sq.feet cost followed by "Duplex" with an average price of $1,104 / sq.feet.
