The prices in real estate in Smithtown, in the New York region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Smithtown has remained the same in the last 6 months. In January, the average price per sq.feet was $296. In February this price pretty much remained the same at a value of $300 per sq.feet. The price for the following two months in (March, April) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 122 % 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 $276.5 to $336 during May, and June.
Based upon to the price in Smithtown (cities), this has gone up considerably in the last 6 months. The price in January is $642,600, rising in February till $711,535. During the following two months (March, April) the price has had an average incrementation from $677,067.5 to $755,114.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $770,984 they are 49 % more affordable than the average price for Smithtown. The properties with the lowest average price have 3 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 1 bedroom priced at $712,222.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $965 / sq.feet, with an average $236 / sq.feet price in Smithtown. The properties with the highest average prices have 3 bedrooms. They are 78918 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,037 / sq.feet.
With regard to the average price based upon the property in Smithtown we can see that the cheapest property type is "House" at a price of $394,142, they are 49 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 49 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $2,037 / sq.feet. "House" at an average price of $2,037 / sq.feet has the most expensive price and would be directed at more affluent cities.