Property prices for sale in Old Westbury (New York)
The prices in real estate in Old Westbury, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Old Westbury has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $480,329. In the following month the price per sq.feet decreased considerably to $1,031. The price for the following two months in (May, June) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % 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 $140,715.25 to $96,140 during July, and August.
Based upon to the price in Old Westbury (cities), this has fallen considerably in the last 6 months. The average price for March is $5,885,239. During April the price had a considerable reduction till $4,858,782. During the following two months (May, June) the average price had a considerable reduction of 83 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
