Property prices for sale in Southold (New York)
The prices in real estate in Southold, in the New York region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Southold has increased strongly during the last 6 months. In October, the average price per sq.feet was $756. In November this price pretty much remained the same at a value of $782 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 2681 %. The price per sq.feet has had a considerable increase of 517 % 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 $10,694.5 to $55,312 during February, and March.
Based upon to the price in Southold (cities), these have remained the same in the last 6 months. The average price for October is $1,830,155. During November the price had a slight fall till $1,690,031. During the following two months (December, January) the price has had an average incrementation from $1,760,093 to $1,880,837.5. 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 $1,820,465.25 and $1,765,903 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,679,281 they are 68 % more affordable than the average price for Southold. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,238,470.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $667 / sq.feet, with an average $66,711 / sq.feet price in Southold. The properties with the highest average prices have 2 bedrooms. They are 218 % more expensive than the average followed by properties with 1 bedroom with a price at $1,585 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $1,679,281 it is 4 % more expensive than the average price in Southold. "Detached House" is seen as the second dearest property type. The dearest property type is "Land" followed by "Detached House". At a price of $1,824,980 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $682 / sq.feet followed by "House" priced at $718 / sq.feet. "Land" is the most costly type of property with a $785,758 / sq.feet cost followed by "House" with an average price of $718 / sq.feet.
