The prices in real estate in Rocky Point, 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 Rocky Point has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $311. In the following month the price per sq.feet decreased to $293. The price for the following two months in (December, January) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $276.75 to $231 during February, and March.
Based upon to the price in Rocky Point (cities), this has gone up in the last 6 months. The price in October is $519,455, rising in November till $566,118. In the following two months the average price has remained the same with regard to the previous two months from $542,786.5 to $536,802.5. 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 $539,794.5 and $565,750 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 42 % cheaper than the average price of $299,699 in Rocky Point. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 42 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 110 % more costly than the average price of ($499 / sq.feet) in Rocky Point. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 110 % more costly than the average value aforementioned.