Property prices for sale in Riverhead (New York)

The prices in real estate in Riverhead, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$427,230.33
Average price last 6 months
$253.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Riverhead has fallen in the last 6 months. In February, the average price per sq.feet was $274. In the following month the price per sq.feet decreased considerably to $212. In the following two months the price per sq.feet has increased 109 %, going from $243 to $264.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $253.75 to $254 during June y July

Average price

Based upon to the price in Riverhead (cities), this has gone downing the last 6 months. The average price for February is $480,001. During March the price had a considerable reduction till $357,961. In the following two months the average price has remained the same with regard to the previous two months from $418,981 to $413,748. 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.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $434,612 they are 45 % more affordable than the average price for Riverhead. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 3 bedrooms priced at $561,490.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $208 / sq.feet, with an average $235 / sq.feet price in Riverhead. The properties with the highest average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 4 bedrooms with a price at $240 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $434,612 it is 66 % cheaper than the average price in Riverhead. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $354,568 it is 38 % 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 $86 / sq.feet followed by "Condo" priced at $181 / sq.feet. "House" is the most costly type of property with a $239 / sq.feet cost followed by "Condo" with an average price of $181 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Riverhead
Number of properties used in region New York
$434,612
$235
314
230,074
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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