Property prices for sale in Riverhead (New York)

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

$510,545
Average price last 6 months
$275.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Riverhead has increased during the last 6 months. In October, the average price per sq.feet was $256. In the following month the price per sq.feet increased to $273. In the following two months the price per sq.feet has increased 111 %, going from $264.5 to $294.5 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 $279.5 to $268.5 during February y March

Average price

Based upon to the price in Riverhead (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $453,638. During November the price went through a considerable rise reaching $531,359. During the following two months (December, January) the price has had an average incrementation from $492,498.5 to $535,930. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $514,214.25 and $503,206.5 between February and March.

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 $452,507 they are 56 % more affordable than the average price for Riverhead. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $543,042.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $180 / sq.feet, with an average $260 / sq.feet price in Riverhead. The properties with the highest average prices have 3 bedrooms. They are 23 % more expensive than the average followed by properties with 4 bedrooms with a price at $266 / 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 $452,507 it is 68 % 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 $458,686 it is 49 % 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 $78 / sq.feet followed by "Condo" priced at $286 / sq.feet. "House" is the most costly type of property with a $313 / sq.feet cost followed by "Condo" with an average price of $286 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Riverhead
Number of properties used in region New York
$452,507
$260
880
599,952
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value