The prices in real estate in Moriches, 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 Moriches has increased strongly during the last 6 months. In September, the average price per sq.feet was $338. In the following month the price per sq.feet decreased to $313. The price for the following two months in (November, December) had a considerable increment of 7404 %. The price per sq.feet has had a considerable increase of 262 % 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 $12,213.25 to $31,963 during January, and February.
Based upon to the price in Moriches (cities), this has gone downing the last 6 months. The price in September is $641,984, rising in October till $677,333. During the following two months (November, December) the average price fell 89 % 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 89 %, going from $623,326.25 to $552,016.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $547,701 they are 114 % more expensive than the average price for Moriches. Following this ranking we find those properties with 3 at an average price of $1,176,280. The properties with the highest average price have 1 bedroom, Their price is 120 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,201,266.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $343 / sq.feet, with an average $430 / sq.feet price in Moriches. The properties with the lowest average prices have 1 bedroom. They are 13 % cheaper than the average followed by properties with 2 bedrooms with a price at $369 / sq.feet.
With regard to the average price based upon the property in Moriches we can see that most expensive property type is "Apartment" at a price of $1,170,408, they are 114 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 114 % more expensive 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 $343 / sq.feet. "Apartment" with an average cost of $343 / sq.feet has the lowest price and would be directed at less affluent cities.