The prices in real estate in Peconic, 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 Peconic has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $2,450. In the following month the price per sq.feet decreased considerably to $565. The price for the following two months in (August, September) had a considerable decrease of 57 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 19 % 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 $1,181 to $226 during October, and November.
Based upon to the price in Peconic (cities), this has fallen considerably in the last 6 months. The average price for June is $1,564,766. During July the price had a considerable reduction till $1,299,333. In the following two months the average price has remained the same with regard to the previous two months from $1,432,049.5 to $1,412,790. During the last two months the average price has had a strong fall compared to the previous four going from $1,422,419.75 to $469,833.5, which means a 33 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 66 % more costly than the average price of $1,556,955 in Peconic. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 66 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 439 % more costly than the average price of ($2,435 / sq.feet) in Peconic. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 439 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Peconic we can see that most expensive property type is "House" at a price of $1,556,955, they are 66 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 66 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $2,435 / sq.feet. "House" at an average price of $2,435 / sq.feet has the most expensive price and would be directed at more affluent cities.