Property prices for sale in Patchogue (New York)
The prices in real estate in Patchogue, 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 Patchogue has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,765. In the following month the price per sq.feet decreased considerably to $386. The price for the following two months in (December, January) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 34 % 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 $963.5 to $328.5 during February, and March.
Based upon to the price in Patchogue (cities), this has gone up in the last 6 months. The price in October is $508,009, rising in November till $541,277. During the following two months (December, January) the price has had an average incrementation from $524,643 to $566,008.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $600,639 they are 45 % more affordable than the average price for Patchogue. The properties with the highest average price have 3 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 4 bedrooms priced at $617,400.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $283 / sq.feet, with an average $340 / sq.feet price in Patchogue. The properties with the highest average prices have 3 bedrooms. They are 21 % more expensive than the average followed by properties with 1 bedroom with a price at $388 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $600,639 it is 50 % cheaper than the average price in Patchogue. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $644,471 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $109 / sq.feet followed by "House" priced at $314 / sq.feet. "Condo" is the most costly type of property with a $418 / sq.feet cost followed by "Detached House" with an average price of $380 / sq.feet.
