Property prices for sale in New Hyde Park (New York)
The prices in real estate in New Hyde Park, 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
The price per sq.feet in New Hyde Park has fallen in the last 6 months. In October, the average price per sq.feet was $540. In November this price pretty much remained the same at a value of $524 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $532 to $509.5 per sq.feet. The price per sq.feet has decreased 93 % 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 $520.75 to $484 during February, and March.
Based upon to the price in New Hyde Park (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $893,526. In November This price remains at $906,686. In the following two months the average price has remained the same with regard to the previous two months from $900,106 to $936,250. 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 $918,178 and $890,409.5 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 $896,528 they are 54 % more affordable than the average price for New Hyde Park. The properties with the lowest average price have 4 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 3 bedrooms priced at $675,355.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $406 / sq.feet, with an average $512 / sq.feet price in New Hyde Park. The properties with the lowest average prices have 2 bedrooms. They are 11 % cheaper than the average followed by properties with 4 bedrooms with a price at $435 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $896,528 it is 55 % cheaper than the average price in New Hyde Park. "Office" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $645,297 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $285 / sq.feet followed by "Office" priced at $312 / sq.feet. "House" is the cheapest type of property with a $449 / sq.feet value followed by "Apartment" with an average price of $400 / sq.feet.
