The prices in real estate in Plainview, 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 Plainview has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $368. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (October, November) had a considerable increment of 179 %. The price per sq.feet has had a considerable increase of 147 % 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 $256.25 to $376.5 during December, and January.
Based upon to the price in Plainview (cities), this has fallen considerably in the last 6 months. The average price for August is $693,771. During September the price had a considerable reduction till . During the following two months (October, November) the average price had a considerable increase of 183 % 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 risen strongly 149 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $767,023 they are 1 % more expensive than the average price for Plainview. Following this ranking we find those properties with 1 at an average price of $961,359. The properties with the highest average price have 2 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 1 bedroom priced at $961,359.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $397 / sq.feet, with an average $389 / sq.feet price in Plainview. The properties with the highest average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at $484 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $767,023 it is 1 % more expensive than the average price in Plainview. "Commercial Property" is seen as the second dearest property type. The dearest property type is "Condo" followed by "Commercial Property". At a price of $873,651 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $397 / sq.feet followed by "Commercial Property" priced at $437 / sq.feet. "Condo" is the most costly type of property with a $443 / sq.feet cost followed by "Commercial Property" with an average price of $437 / sq.feet.