Property prices for sale in New City (New York)
The prices in real estate in New City, 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 New City has increased during the last 6 months. In October, the average price per sq.feet was $315. In November this price pretty much remained the same at a value of $321 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $318 to $323.5 per sq.feet. The price per sq.feet has increased 110 % 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 $320.75 to $352.5 during February, and March.
Based upon to the price in New City (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $869,519. In November This price remains at $827,635. In the following two months the average price has remained the same with regard to the previous two months from $848,577 to $875,967.5. 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 $862,272.25 and $890,307 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $894,016 they are 77 % more affordable than the average price for New City. The properties with the lowest average price have 4 bedrooms, Their price is 32 % cheaper than the average. After that we have properties with 2 bedrooms priced at $470,973.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $255 / sq.feet, with an average $357 / sq.feet price in New City. The properties with the lowest average prices have 1 bedroom. They are 8 % cheaper than the average followed by properties with 2 bedrooms with a price at $288 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $894,016 it is 54 % cheaper than the average price in New City. "Apartment" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Commercial". At a price of $674,034 it is 24 % 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 $41 / sq.feet followed by "Apartment" priced at $247 / sq.feet. "Detached House" is the cheapest type of property with a $275 / sq.feet value followed by "House" with an average price of $274 / sq.feet.
