The prices in real estate in Middle Island, in the New York region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Middle Island has increased during the last 6 months. In May, the average price per sq.feet was $186. In the following month the price per sq.feet increased considerably to $216. In the following two months the price per sq.feet has barely changed, going from $201 to $198 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 $199.5 to $193.5 during September y October
Based upon to the price in Middle Island (cities), this has fallen considerably in the last 6 months. The average price for May is $403,956. During June the price had a slight fall till $357,414. During the following two months (July, August) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $363,438 to $328,129 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $323,012 they are 43 % more affordable than the average price for Middle Island. The properties with the highest average price have 3 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 4 bedrooms priced at $403,180.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $174 / sq.feet, with an average $196 / sq.feet price in Middle Island. The properties with the highest average prices have 4 bedrooms. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $201 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $323,012 it is 38 % cheaper than the average price in Middle Island. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $359,604 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $102 / sq.feet followed by "Townhouse" priced at $144 / sq.feet. "House" is the most costly type of property with a $200 / sq.feet cost followed by "Condo" with an average price of $195 / sq.feet.