Property prices for sale in Merrick (New York)

The prices in real estate in Merrick, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$921,991.83
Average price last 6 months
$412
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Merrick has fallen in the last 6 months. In September, the average price per sq.feet was $431. In October this price pretty much remained the same at a value of $439 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $435 to $413.5 per sq.feet. The price per sq.feet has decreased 91 % 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 $424.25 to $387.5 during January, and February.

Average price

Based upon to the price in Merrick (cities), this has gone up in the last 6 months. The price in September is $845,759, rising in October till $907,301. In the following two months the average price has remained the same with regard to the previous two months from $876,530 to $910,250. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $964,483 they are 54 % more affordable than the average price for Merrick. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $624,039.

With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $364 / sq.feet, with an average $360 / sq.feet price in Merrick. The properties with the highest average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 4 bedrooms with a price at $382 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $964,483 it is 14 % cheaper than the average price in Merrick. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $828,590 it is 41 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $198 / sq.feet followed by "House" priced at $382 / sq.feet. "House" is the most costly type of property with a $382 / sq.feet cost followed by "Commercial" with an average price of $198 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Merrick
Number of properties used in region New York
$964,483
$360
704
1,029,298
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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