The prices in real estate in New York, 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 New York has remained the same in the last 6 months. In October, the average price per sq.feet was $1,447. In November this price pretty much remained the same at a value of $1,511 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $1,479 to $1,428 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 $1,453.5 to $1,480 during February y March
Based upon to the price in New York (cities), this has gone up in the last 6 months. The price in October is $2,018,212, rising in November till $2,154,801. In the following two months the average price has remained the same with regard to the previous two months from $2,086,506.5 to $2,187,748. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,547,624 they are 74 % more affordable than the average price for New York. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,699,682.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $886 / sq.feet, with an average $1,473 / sq.feet price in New York. The properties with the lowest average prices have 4 bedrooms. They are 5 % cheaper than the average followed by properties with 3 bedrooms with a price at $956 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $2,547,624 it is 23 % cheaper than the average price in New York. "Duplex" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of $8,600,141 it is 353 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $1,085 / sq.feet followed by "Apartment" priced at $1,166 / sq.feet. "Duplex" is the most costly type of property with a $14,152 / sq.feet cost followed by "Townhouse" with an average price of $1,832 / sq.feet.