The prices in real estate in Merrick, in the New York region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Merrick has remained the same in the last 6 months. In March, the average price per sq.feet was $352. In April this price pretty much remained the same at a value of $365 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $358.5 to $361.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $360 to $360 during July y August
Based upon to the price in Merrick (cities), this has gone up in the last 6 months. The price in March is $766,566, rising in April till $825,262. In the following two months the average price has remained the same with regard to the previous two months from $795,914 to $798,391.5. 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 $797,152.75 and $811,673 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $823,504 they are 45 % more affordable than the average price for Merrick. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $820,532.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $309 / sq.feet, with an average $354 / sq.feet price in Merrick. The properties with the highest average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $340 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $823,504 it is 11 % 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 $734,925 it is 70 % 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 $228 / sq.feet followed by "House" priced at $317 / sq.feet. "House" is the cheapest type of property with a $317 / sq.feet value followed by "Commercial" with an average price of $228 / sq.feet.