The prices in real estate in Queens Village, in the New York region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Queens Village has increased strongly during the last 6 months. In November, the average price per sq.feet was $552. In December this price pretty much remained the same at a value of $528 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 133 %. The price per sq.feet has increased 106 % 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 $629.25 to $664.5 during March, and April.
Based upon to the price in Queens Village (cities), this has gone up in the last 6 months. The average price for November is $763,400. During December the price had a slight fall till $664,638. During the following two months (January, February) the price has had an average incrementation from $714,019 to $793,379. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,042,633 they are 44 % more affordable than the average price for Queens Village. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 1 bedroom priced at $1,353,333.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $456 / sq.feet, with an average $621 / sq.feet price in Queens Village. The properties with the highest average prices have 4 bedrooms. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $612 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,042,633 it is 62 % cheaper than the average price in Queens Village. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Office". At a price of $1,262,936 it is 38 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $443 / sq.feet followed by "House" priced at $558 / sq.feet. "Office" is the most costly type of property with a $6,827 / sq.feet cost followed by "Condo" with an average price of $1,054 / sq.feet.