Property prices for sale in Shelter Island (New York)
The prices in real estate in Shelter Island, 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
The price per sq.feet in Shelter Island has fallen in the last 6 months. In March, the average price per sq.feet was $1,346. In the following month the price per sq.feet decreased considerably to $1,131. The price for the following two months in (May, June) decreased 93 % with regard to the prior two months. 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 $1,197.75 to $1,219.5 during July y August
Based upon to the price in Shelter Island (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $2,450,881. In April This price remains at $2,501,849. During the following two months (May, June) the average price fell 93 % 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 gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,738,567 they are 72 % more affordable than the average price for Shelter Island. The properties with the lowest average price have 4 bedrooms, Their price is 50 % cheaper than the average. After that we have properties with 3 bedrooms priced at $800,650.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $281 / sq.feet, with an average $1,257 / sq.feet price in Shelter Island. The properties with the lowest average prices have 1 bedroom. They are 16 % cheaper than the average followed by properties with 2 bedrooms with a price at $535 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $2,738,567 it is 68 % cheaper than the average price in Shelter Island. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $873,507 it is 61 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $443 / sq.feet followed by "Land" priced at $616,540 / sq.feet. "Land" is the most costly type of property with a $616,540 / sq.feet cost followed by "House" with an average price of $443 / sq.feet.
