The prices in real estate in Kings Park, 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 Kings Park has increased strongly during the last 6 months. In January, the average price per sq.feet was $336. In the following month the price per sq.feet decreased to $298. The price for the following two months in (March, April) had a considerable increment of 186 %. The price per sq.feet has had a considerable deflation of 76 % 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 $453.25 to $344.5 during May, and June.
Based upon to the price in Kings Park (cities), this has gone up considerably in the last 6 months. The price in January is $601,096, rising in February till $671,614. During the following two months (March, April) the average price had a considerable increase of 116 % 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 $686,000.25 and $692,511.5 between May and June.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 33 % cheaper than the average price of $482,319 in Kings Park. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 33 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 51 % cheaper than the average price of ($152 / sq.feet) in Kings Park. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 51 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Kings Park we can see that the cheapest property type is "Apartment" at a price of $482,319, they are 33 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 33 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $152 / sq.feet. "Apartment" with an average cost of $152 / sq.feet has the lowest price and would be directed at less affluent cities.